Iran's Foreign Minister Highlights Diplomacy Amid War Readiness

Iranian Foreign Minister Abbas Araghchi stated that Iran is prepared for a 'doomsday' war with the U.S. but remains open to diplomatic negotiations. He emphasized that any reopening of the Strait of Hormuz depends on the fulfillment of specific conditions set by Iran. This comes amid ongoing tensions and reports of Iran disrupting oil exports through the strait, which has contributed to rising gas prices and inflation. For ordinary investors, the situation may affect oil supply and prices, highlighting the importance of geopolitical factors on market stability.