US and Iran Consider Negotiations Amid Tensions Over Strait and Nuclear Talks

Published: Apr 28, 2026 10:59

Save

Iran's foreign minister stated that the US requested negotiations and Iran was considering it. US media reported that Iran proposed a deal to the US to reopen the strait but postpone nuclear talks. Trump was skeptical of Iran's proposal but did not outright reject it.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

54 mins ago

[SMM Stainless Steel Flash] Indonesia Stainless Steel Mills Raise Prices by $55/mt

According to SMM, driven by changes in upstream raw material policies and strong cost support, mainstream Indonesian stainless steel mills have significantly raised their prices by $55/mt today. The core reason for this major price adjustment is the recent announcement by the Indonesian Ministry of Energy and Mineral Resources (ESDM) to increase the benchmark price of nickel ore (HPM) and implement a completely new pricing formula. The execution of this new pricing mechanism has directly driven up procurement costs for nickel smelting. Under immense cost pressure, mainstream stainless steel mills have strongly pushed up their offers.

54 mins ago

2 hours ago

Indonesian MHP Nickel Prices Rise, Cobalt Falls; High-Grade Nickel Matte Up $240/mt Ni

According to SMM data, on April 27, Indonesia's MHP nickel FOB prices rose $238/mt Ni WoW, while Indonesia's MHP cobalt FOB prices fell $50/mt Co. Indonesia's high-grade nickel matte FOB prices rose $240/mt Ni from the previous day.

2 hours ago

SMM Data: Battery-Grade Nickel Sulphate Price Surges 350 Yuan/mt on April 28

According to SMM data, on April 28, the SMM battery-grade nickel sulphate average price rose sharply by 350 yuan/mt from the previous day.

2 hours ago