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According to an IRNA report, Iranian President Pezeshkian stated that the Supreme Leader has granted the government some authority in negotiations. Following the news, international oil prices plunged, while gold and silver prices surged sharply. The market views this as a signal that Iran's negotiating stance may become more flexible, and it could also enhance the government's ability to reach an agreement with the United States. It should be noted that Iran's strategic decisions remain in the hands of the Supreme Leader, so any progress in negotiations requires the consensus of both the Supreme Leader and the negotiating team. Iran had previously proposed a two-day framework plan to conditionally reopen the Strait of Hormuz, provided that Iran's demands are met, including lifting the blockade, releasing frozen funds, and easing sanctions.
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