Iranian Foreign Minister: We are ready to stop attacks on Israel if its strikes stop

Iranian Foreign Minister: We are ready to stop attacks on Israel if its strikes stop

In the wake of Israel's airstrikes on Iranian nuclear facilities and military infrastructure, Iranian Foreign Minister, Mohammad Javad Zarif, has announced that Iran is ready to cease its retaliatory attacks on Israel, provided that Israel stops its strikes. This declaration comes as the conflict enters its third day, with both sides continuing to escalate their military operations.

Prime Minister Benjamin Netanyahu of Israel has stated that the strikes will continue for "as many days as it takes," aiming to degrade Iran's nuclear program and military capabilities [1]. In response, Iran has launched drones and ballistic missiles, although these strikes have been largely ineffective and have not resulted in significant damage or loss of life.

The Iranian Foreign Minister's offer to de-escalate the conflict suggests a willingness to engage in diplomatic negotiations, potentially leading to a ceasefire. However, the success of such negotiations remains uncertain, given the ongoing military operations and the political pressures within both countries.

The Israeli campaign has drawn international attention and criticism. While the United States and some European allies have expressed support for Israel, there is also growing pressure for a ceasefire. France and the United Kingdom have already called for de-escalation, reflecting a broader international concern over the potential for the conflict to escalate into a regional war [1].

The economic implications of the conflict are significant. The ongoing strikes have disrupted oil supplies, with Iran being one of the world's largest oil producers. The potential for further escalation could lead to disruptions in global oil markets, affecting energy prices and economic stability. Additionally, the conflict could impact regional trade and investment, as well as the stability of financial markets in the Middle East and beyond.

As the conflict continues, investors and financial professionals should monitor developments closely, particularly the outcomes of any diplomatic efforts to de-escalate the situation. The success of such efforts could lead to a reduction in geopolitical risks and a stabilization of financial markets. However, the potential for further escalation remains a significant concern, and investors should be prepared for potential market volatility.

References:
[1] https://foreignpolicy.com/2025/06/13/israel-iran-war-netanyahu-us-scenarios/
[2] https://www.understandingwar.org/backgrounder/iran-update-special-edition-israeli-strikes-iran-june-13-2025-200-pm-et