The Japan Times - Iran weighs peace proposal, accuses US of 'excessive demands'

EUR -
AED 4.095701
AFN 72.480008
ALL 90.882712
AMD 401.805034
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.622157
AWG 2.007127
AZN 1.900047
BAM 1.951697
BBD 2.245579
BDT 138.86805
BGN 1.948955
BHD 0.420772
BIF 3356.362879
BMD 1.115071
BND 1.428792
BOB 13.374482
BRL 6.138357
BSD 1.114956
BTN 104.659009
BWP 15.359741
BYN 3.339105
BYR 21855.38619
BZD 2.242466
CAD 1.573756
CDF 2586.964483
CHF 0.914881
CLF 0.027698
CLP 1090.127033
CNY 7.444774
CNH 7.440667
COP 3625.685911
CRC 505.646021
CUC 1.115071
CUP 26.76054
CVE 110.842372
CZK 24.346956
DJF 198.170808
DKK 7.480457
DOP 67.740985
DZD 152.081196
EGP 59.957114
ERN 16.726061
ETB 179.75372
FJD 2.514764
FKP 0.833961
GBP 0.834821
GEL 2.893653
GGP 0.833961
GHS 13.029646
GIP 0.833961
GMD 83.077063
GNF 9876.743229
GTQ 8.520088
GYD 233.749058
HKD 8.744552
HNL 30.190584
HRK 7.547925
HTG 146.132606
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.869336
IQD 1688.217076
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 176.947992
JOD 0.790629
JPY 176.744329
KES 144.903869
KGS 97.510486
KHR 4549.488945
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.929309
KZT 499.776184
LAK 25094.667032
LBP 99854.583719
LKR 370.763872
LRD 189.90075
LSL 18.465996
LTL 3.292514
LVL 0.674496
LYD 7.170329
MAD 10.880307
MDL 19.93044
MGA 5123.750363
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.000882
MRU 44.882019
MUR 52.442198
MVR 17.176258
MWK 1936.878232
MXN 20.768572
MYR 4.528864
MZN 71.257178
NAD 18.465992
NGN 1502.23485
NIO 40.823159
NOK 10.548462
NPR 167.454215
NZD 2.010586
OMR 0.428348
PAB 1.115031
PEN 3.838635
PGK 5.008941
PHP 70.369926
PKR 308.456482
PLN 4.399568
PYG 6968.50605
QAR 4.062245
RON 5.343646
RSD 117.7359
RUB 91.352798
RWF 1644.729318
SAR 4.18675
SBD 8.974739
SCR 15.631155
SDG 670.719139
SEK 11.033072
SGD 1.430194
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 637.267002
SRD 41.908265
STD 23079.712667
STN 24.8382
SVC 9.75549
SYP 14498.149201
SZL 18.465983
THB 37.411034
TJS 10.285553
TMT 3.902748
TND 3.329048
TOP 2.684822
TRY 55.9111
TTD 7.561104
TWD 36.546782
TZS 2946.578434
UAH 50.509358
UGX 4560.432794
USD 1.115071
UYU 44.855697
UZS 13380.84906
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.009331
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.419263
ZMK 10036.978597
ZMW 22.65679
ZWL 359.052318
SSP 6406.644798
MXV 2.336546
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Iran weighs peace proposal, accuses US of 'excessive demands'

Iran weighs peace proposal, accuses US of 'excessive demands'

Tehran accused the United States of "excessive demands", Iranian media said on Saturday, as US media reports raised the prospect that Washington was mulling new strikes and leaders of the Islamic republic considered the latest peace proposal.

Text size:

Pakistan's powerful army chief arrived in Tehran on Friday to bolster mediation and US President Donald Trump abruptly changed his plans to skip his son's wedding to stay in Washington due to "circumstances pertaining to government", fuelling speculation that the situation had entered a sensitive stage.

Trump has described the stop-start negotiations this week as teetering on the "borderline" between renewed attacks and a deal to end the war, which began with US-Israeli strikes on Iran on February 28 and led to competing blockades around the strategic Strait of Hormuz that have roiled the global economy.

Weeks of negotiations since an April 8 ceasefire -- including historic face-to-face talks hosted by Islamabad -- have still not produced a permanent resolution or restored full access to the strait, choking vast quantities of global oil supply.

Iran's Foreign Minister Abbas Araghchi said in a call with UN Secretary-General Antonio Guterres that Tehran was engaged in the diplomatic process despite "repeated betrayals of diplomacy and military aggression against Iran, along with contradictory positions and repeated excessive demands" by the United States, according to the ministry.

US media outlets Axios and CBS News, citing unnamed sources, reported the White House was considering strikes on Iran, although both added a final decision had not been made yet.

US officials have repeatedly raised the prospect of renewed action against Iran if a deal were not reached, with Secretary of State Marco Rubio saying on the sidelines of a NATO conference in Sweden that there had been "some progress" towards a peaceful resolution but "things were not there yet".

"We're dealing with a very difficult group of people. And if it doesn't change, then the president's been clear he has other options," he said.

Pakistan's army chief Asim Munir landed in Tehran on Friday where he met with Araghchi late into the night to discuss "the latest diplomatic efforts and initiatives aimed at preventing further escalation", according to the official IRNA news agency.

Iranian foreign ministry spokesman Esmaeil Baqaei cautioned that the visit did not mean "we have reached a turning point or a decisive situation" with "deep and extensive" disagreements remaining, according to Iran's ISNA news agency.

Baqaei said a delegation from Qatar had also held talks with the Iranian foreign minister on Friday.

"In recent days, many countries -- both regional and non-regional -- have been trying to help bring the war to an end ... However, Pakistan remains the official mediator," he said.

Pakistan's Prime Minister Shehbaz Sharif and Foreign Minister Ishaq Dar -- who have played a crucial role in mediation between the warring sides -- flew to China, Iran's top trading partner, for a four-day visit in which efforts to resolve the Middle East crisis were expected to be discussed.

- Hormuz squeeze -

Baqaei said the status of the Strait of Hormuz and a retaliatory US blockade of Iranian ports were also under discussion.

The future of the strategic maritime chokepoint remains a key sticking point, with fears growing that the global economy will suffer as pre-war oil stockpiles run down.

Markets nevertheless took some comfort from the signs of diplomacy, with Wall Street rising Friday and the Dow closing at a second straight record high as investors bet talks could eventually produce an off-ramp.

Oil prices also rose, however, underscoring fears that disruption in Hormuz will keep feeding inflation. US consumer sentiment fell to its lowest level since records began in 1952, with high prices eroding household finances.

European Union nations on Friday deemed Iran's blockade "contrary to international law" and made a technical change to expand the scope of its existing Iran sanctions regime to target individuals involved in the closure.

- Lebanon front -

Iran's foreign ministry spokesman also stressed fighting would need to stop in Lebanon where Israel and Tehran-backed Hezbollah have been clashing despite a ceasefire.

Lebanon's state-run National News Agency said Israel carried out five airstrikes in the east of the country near the Syrian border, targeting the Nabi Sreij area.

Since an April 17 truce, Israel has continued strikes, demolitions and evacuation orders in south Lebanon, saying it is targeting Hezbollah, which has also kept up attacks.

Hezbollah drew Lebanon into the war on March 2 with rocket fire at Israel after Iran's supreme leader was killed by US-Israeli strikes.

"The issue of ending the war on all fronts, including Lebanon, is very important," Baqaei said.

Lebanon's health ministry said Israeli attacks have killed at least 3,111 people in Lebanon since March 2, adding that strikes on the south on Friday killed 10 people, including a child.

burs-jgc/ceg/mtp

K.Inoue--JT