Iran excludes nuclear issues from latest peace proposal amid ongoing regional conflict

May 3, 2026, 5:19:11 PM UTC(18 hours ago)

Impact: Medium

Affected Assets

Iranian spokesperson Esmaeil Baghaei confirmed that the current 14-point proposal sent to the United States via Pakistan does not include nuclear negotiations
The proposal focuses on reopening the Strait of Hormuz and ending the United States blockade while deferring nuclear discussions to a final stage
United States President Donald Trump indicated he is likely to reject the offer stating that Iran has not yet paid a big enough price
Diplomatic efforts in Islamabad remain deadlocked following the collapse of direct talks in mid-April 2026 regarding sanctions relief
Market volatility has increased as the Iranian Revolutionary Guard Corps warns of readiness to resume conflict if the current ceasefire expires

IRANIAN FOREIGN MINISTRY SPOKESPERSON SAYS 'AT THIS STAGE, WE DO NOT HAVE NUCLEAR NEGOTIATIONS' - STATE MEDIA