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Iran's parliament speaker stated that three clauses of a 10-point ceasefire framework with the United States have been violated, citing Israeli strikes in Lebanon, a drone incident in Iran, and issues over uranium enrichment. The Strait of Hormuz saw limited tanker transits, while markets showed minimal reaction with crude prices rising slightly and stocks declining 0.3%.
Substrate placeholder — needs reviewIran's parliament speaker, Mohammad Bagher Ghalibaf, stated on Wednesday that three clauses of a 10-point ceasefire framework with the United States have been violated. This statement came less than 24 hours after the framework was announced. Negotiations between the two sides have not yet begun.
Ghalibaf cited continued Israeli strikes in Lebanon, the downing of a drone over Iran's Fars Province, and Tehran's view that the framework denies its right to uranium enrichment as the violations. He wrote in a statement posted on X that a bilateral ceasefire or negotiations are unreasonable under these conditions.
The Strait of Hormuz remained largely blocked, with only four tanker transits recorded that day, according to S&P Global market intelligence.
Markets showed limited response to the developments. U.S. 3%. Prior to this, crude had experienced one of its sharpest single-day drops on record, and global equities had risen following the ceasefire announcement.
The statement introduces uncertainty over the ceasefire framework. U.S. and Iran are scheduled to hold talks in Islamabad on Saturday to address differences between Iran's 10-point plan and the White House's 15-point plan.
White House press secretary Karoline Leavitt stated on Wednesday that President Trump would not accept Iran's version, which includes demands for Tehran to retain control over the Strait of Hormuz and receive reparations for the war.
has emerged as a key point of contention.
Israel's military reported striking more than 100 Hezbollah command centers and military sites in ten minutes on Wednesday, describing it as the largest wave of strikes in the conflict. Targets included the southern suburbs of Beirut, southern Lebanon, and the eastern Bekaa Valley. Lebanon's health ministry reported at least 112 people killed and 837 injured in the strikes.
The country's civil defense estimated a higher toll of 254 dead and more than 1,100 wounded. Hospitals in Beirut are overwhelmed, and rescue crews have reported people trapped under rubble from collapsed buildings. -Iran ceasefire extended to the Lebanese front.
Pakistan had cited this as a basis for its mediation role. Iran's Foreign Minister Abbas Araghchi stated on Wednesday that the ceasefire must include a pause in Israel's conflict with Hezbollah.
wrote on X that the ceasefire terms require the U.S. to choose between a ceasefire or continued war via Israel, and that the world has observed events in Lebanon. The White House maintains that Lebanon is not part of the ceasefire, a position relayed to all parties, according to Leavitt.
Hezbollah, which has not claimed any attacks since the ceasefire announcement, stated on Wednesday that it is on the threshold of a major historic victory. The group warned displaced families to await a formal ceasefire announcement before returning home. Israeli military spokesman Effie Defrin said Israel would respect the ceasefire with Iran but would attack if necessary.
President Trump posted on Truth Social on Wednesday, stating that numerous agreements, lists, and letters sent out by unauthorized parties are fraudulent. It was unclear whether this referred to Ghalibaf's statement, an earlier letter reported by CNN that the White House deemed unofficial, or both. The talks in Islamabad represent the next step in addressing these discrepancies.
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