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Iran proposes suspending nuclear activities for up to five years – NYT

According to a report from the New York Times (NYT), Iranian officials had proposed
suspending its uranium enrichment for up to five years in its weekend talks with the United States (US) in Pakistan.

The report also states that US Vice President (VP) JD Vance-led team rejected the five-year offer.

However, US VP Vance didn't discuss about the same in his interveiw with Fox News, earlier in the day. Vance clarified in the interview that Iran giving up its nuclear ambitions and the reopening of the Strait of Hormuz are non-negotiable terms.




Asian stocks rally on US-Iran optimism, Nikkei 225 leads

Asian stock markets add significant gains on Tuesday as comments from United States (US) President Donald Trump and Vice President (VP) JD Vance, hinting that talks with Iran were not a complete failure, have prompted demand for risk-sensitive assets.
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Japanese Yen gains as oil slide eases stagflation concerns in Japan

The Japanese Yen (JPY) gains against the US Dollar (USD) as easing oil prices fade stagflation concerns in Japan. However, the recent surge in energy costs linked to Middle East concerns, fueled expectations of a near-term Bank of Japan (BoJ) rate hike.
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