Iran Blames US for Failed Deal as Fears of Renewed Attacks Grow

Iranian President Masoud Pezeshkian has blamed the United States for the collapse of an interim agreement intended to help end the war involving Iran, the US and Israel, while calling for renewed efforts to reach a deal as fears of further military action grow.

Speaking in remarks broadcast by Iranian state media on Saturday, October 24, Pezeshkian said negotiations had been disrupted but maintained that both sides should return to the agreement and work toward concluding it.

His comments come amid renewed concerns about a possible escalation after US President Donald Trump suggested on Friday that Washington could launch another operation against Iran.

Pezeshkian Calls for a New Attempt at an Interim Deal

Pezeshkian said Washington was responsible for derailing the interim agreement but indicated that diplomacy should remain an option.

His remarks suggest that Tehran is still publicly advocating another attempt to reach an agreement, despite the breakdown in negotiations and mounting military tensions.

The diplomatic impasse comes as the conflict, which began on February 28, continues to shape relations between Iran, the United States and Israel.

However, Pezeshkian’s call for renewed negotiations does not establish that a new round of talks has been agreed or scheduled.

Iran Warns of a Strong Response to Any New Strikes

Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned that even limited military strikes would prompt a response several times greater, according to comments reported by the semi-official Fars News Agency.

Iranian Armed Forces Chief of Staff Ali Abdollahi also said on Saturday that US forces would not be permitted to enter the Gulf under any circumstances. His remarks reflected Tehran’s continued opposition to a US military presence in the area.

Iranian government spokesperson Fatemeh Mohajerani reiterated that the country would defend itself against aggression while maintaining that it seeks peace.

In a written statement, Mohajerani said Iran would not wait for permission to defend itself and warned that those expecting to destroy the country should reconsider their calculations.

The statements underline Tehran’s dual public message: it remains open to dialogue but is warning of serious consequences if further attacks take place.

Trump and Netanyahu Keep Military Pressure on the Table

Trump has suggested that the United States could undertake further military action against Iran, referring to the possibility of another operation under the name Epic Fury, which was used for the US-Israeli war that began in February.

Israeli Prime Minister Benjamin Netanyahu has also maintained his stated commitment to overthrowing Iran’s government.

These positions have heightened concerns about a possible resumption of hostilities. However, the statements do not by themselves confirm that a new military operation has been authorized or that attacks are imminent.

The situation remains dependent on political and military decisions that could change as diplomatic efforts continue.

Political Pressure Builds Ahead of US and Israeli Elections

The tensions are unfolding ahead of important elections in both countries.

Israelis are scheduled to vote for their next government on Tuesday, while the United States will hold midterm elections on November 3. The elections could significantly affect the political landscape, with the Republican Party facing the possibility of losing control of both chambers of Congress.

The electoral timetable adds a domestic political dimension to the conflict, although it does not establish that election considerations will determine decisions about military action or negotiations.

Iranian Officials Reaffirm Their Position on Defense and Diplomacy

Iran’s senior officials have continued to emphasize both national defense and the possibility of dialogue.

Meanwhile, judiciary chief Gholamhossein Mohseni Ejei met Supreme Leader Mojtaba Khamenei to discuss issues including corruption and compensation for Iranians affected by the US-Israeli war.

Mojtaba Khamenei succeeded his father after the latter was killed during the opening strikes of the conflict on February 28. He has not appeared publicly since assuming the position in early March, according to the report.

Parliament Speaker and chief negotiator Mohammad Bagher Ghalibaf was also reported to have met the supreme leader earlier in the week.

These meetings come as Iranian officials confront the economic and political consequences of the conflict while maintaining their public positions on negotiations and national security.

Market Impact: Geopolitical Risk and Financial Market Uncertainty

The breakdown of the interim deal and warnings of possible renewed military action could keep geopolitical risk in focus for financial markets.

Traders may monitor developments affecting oil supply routes, regional energy infrastructure and broader risk sentiment. Any confirmed escalation in the Gulf could increase concerns about energy-market disruption, while credible progress toward negotiations could ease some of those concerns.

However, the report does not provide new oil-price or foreign-exchange data confirming a specific market reaction to Pezeshkian’s remarks.

For forex and commodity traders, the key factors to watch include official announcements from Washington and Tehran, developments involving Israel, the status of diplomatic efforts and any confirmed changes to regional shipping or energy supplies. Potential market effects should be distinguished from confirmed price movements.

Conclusion

Pezeshkian’s latest remarks combine criticism of Washington with a call to revive the interim agreement, while Iranian military and government officials warn against further attacks. With Trump and Netanyahu maintaining pressure on Tehran, the possibility of renewed conflict remains a central concern, although no new operation is confirmed by the statements cited in the report.

For financial markets, developments in diplomacy, military decisions and regional energy security remain key areas to monitor as the situation evolves.

Frequently Asked Questions

Why does Iran blame the US for the failed deal?

Iranian President Masoud Pezeshkian has accused Washington of disrupting negotiations over an interim agreement intended to help end the war. He has nevertheless called for both sides to make another attempt to conclude the deal.

Is Iran willing to resume negotiations with the US?

Pezeshkian has publicly supported returning to the interim agreement and completing it. However, his remarks do not confirm that a new round of negotiations has been scheduled.

What has Iran warned about possible new attacks?

The Islamic Revolutionary Guard Corps has warned that even limited strikes would trigger a response several times greater. Iranian government spokesperson Fatemeh Mohajerani has also said that Tehran will defend itself against aggression.

Has the US confirmed a new military operation against Iran?

Trump has suggested that further military action is possible, but the statements cited in the report do not confirm that a new operation has been authorized.

How could renewed US-Iran tensions affect financial markets?

Renewed tensions could increase uncertainty around oil supplies, regional shipping and broader risk sentiment. The actual effect would depend on subsequent developments, and traders should distinguish potential risks from confirmed market movements.