Iran Says It Won't Compromise on National and Ethnic Rights; Tensions with the U.S. Remain High

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On May 23, Iran’s foreign ministry stated that significant differences with the U.S. persist, with chief negotiator Karibaf emphasizing that the country will not compromise on its national and ethnic rights. On-chain data indicates ongoing geopolitical uncertainty is impacting market sentiment. The armed forces have been rebuilding during the ceasefire. According to Polymarket, the fear and greed index for a permanent peace deal stood at 17% by May 31 and 48% by June 30.

Huo Xing Finance reports that on May 23, according to Iran’s state television, Iran’s Foreign Minister held a second meeting with Pakistan’s Chief of Army Staff, following prior discussions on Iran’s proposal. An Iranian Foreign Ministry spokesperson stated that significant differences remain between the U.S. and Iran. Iran’s chief negotiator, Karibaf, told Pakistan’s military chief: “We will not compromise on our national and ethnic rights. Our armed forces have been rebuilt during the ceasefire.” According to PolyBeats monitoring, the probability of a permanent peace agreement between the U.S. and Iran being reached by May 31 is 17%, and by June 30 is 48%, as tracked on the prediction market Polymarket.

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