Ebrahim Azizi, chair of Iran’s parliamentary National Security and Foreign Policy Committee, declared on state television that Iran is fully ready to confront the United States, warning that any actions by the U.S. would be met with painful consequences. This statement comes amid heightened tensions and ongoing military strikes around the strategic Strait of Hormuz. Prediction markets reflect a decreased likelihood of a US-Iran deal in 2026, with current odds for Iran Reconstruction Funding being part of an agreement standing at 29 percent. The escalation suggests major challenges for diplomatic negotiations, particularly regarding uranium enrichment caps and the surrender of enriched uranium.
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