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Market Chatter: Tehran Presses UN on US Blockade While Downplaying Reports on Iran-US Negotiations

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Iran appealed to the United Nations over what it says is the growing humanitarian toll of US pressure tactics, according to Iran's state-run Islamic Republic News Agency.

Iran also reportedly downplayed mounting media speculation over the scope of ongoing indirect negotiations between Tehran and Washington

Ali Bahreini, Iran's representative to the UN in Geneva, urged UN High Commissioner for Human Rights Volker Turk to investigate the humanitarian impact of what Tehran called an illegal US naval blockade on Iranian ports, IRNA reported Friday.

In a letter to Turk, Bahreini described the blockade as part of a broader pattern of illegal aggression against Iran, with Tehran holding the US and Israel responsible for the resulting humanitarian consequences.

Bahreini said the measures threaten Iranians' basic rights, including access to healthcare, essential goods, and life-saving medical equipment, while also undermining food security and livelihoods in southern Iran.

Separately, Foreign Ministry spokesman Esmaeil Baqaei said on Thursday that reports circulating about the details of Iran-US negotiations cannot be confirmed, dismissing media claims regarding nuclear issues such as uranium enrichment and stockpiles as unsubstantiated speculation.

Baqaei said the talks are currently centered on ending the conflict on all fronts, including Lebanon, adding that accurate information would only come from authorized officials and the negotiating team's spokesperson.

Iran's foreign ministry did not respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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