Iran submitted its newest negotiation proposal — Iran state media

Iranian state media reports that Iran has submitted its latest peace proposal to the US via Pakistani mediators.

Oil prices fell on this headline and S&P 500 futures are now up 23 points to 7268.

The virtually identical report was also picked up by Axios’ US war mouthpiece Barak Ravid who writes:

Iran delivered on Thursday to the U.S. through the Pakistani mediators its response to the latest U.S. amendments on the agreement to end the war, a regional source tells me….Iran transferred its response to the U.S. amendments to the draft agreement to end the war to the United States on Thursday via Pakistani intermediaries, according to a regional source.

Al Jazeera also briefly had the same report but deleted it.

Notably, all of them said that Iran submitted the proposal yesterday and — what do you know — yesterday there was a huge drop in oil prices and a enormous rally in risk assets. I’m sure that was a coincidence.

This article was written by Adam Button at investinglive.com.