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Iranian President Masoud Pezeshkian wants to revive the ceasefire memorandum with the US before November midterm elections. Pezeshkian stated Iran is "open" to inspections of its nuclear facilities. The president denied allegations that Tehran plans to assassinate Donald Trump or his family.
Indian stock markets fall sharply as Sensex and Nifty decline amid US-Iran tensions, rising crude oil prices, elevated bond yields, and sustained foreign investor outflows, triggering global risk-off sentiment.
Iran has proposed a seven-day pause in fighting, along with reopening the Strait of Hormuz and restarting nuclear negotiations. The US has rejected Tehran’s conditions as tensions remain high and both sides weigh their next moves.