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      Iran's President Calls for End to Conflict with US and Israel Amid Ongoing Stalemate

      Iranian President Masoud Pezeshkian has called for an immediate cessation of hostilities in the ongoing military conflict with the United States and Israel. Speaking at a medical conference in Tehran on August 21, Pezeshkian asserted that Iran is winning the conflict, which began with US and Israeli airstrikes on Iranian infrastructure in late February 2026 and has continued for nearly six months without a clear resolution.

      Pezeshkian accused the US and Israel of violating international law through their military actions and emphasized that a June memorandum of understanding aimed at halting hostilities has failed to produce results. He noted that the agreement does not require Iran to concede any territory or strategic positions, placing the onus of obligations on the United States.

      The conflict has significant implications for global oil markets, particularly concerning control over the Strait of Hormuz, through which approximately 20% of the world's oil supply passes. Pezeshkian's peace call briefly influenced oil prices, highlighting the sensitivity of commodity markets to developments in the region. Meanwhile, US Treasury Secretary Scott Bessent has indicated plans to increase economic pressure on Iran through additional sanctions, which Tehran has condemned as 'economic terrorism.'

      Pezeshkian's appeal for peace also serves as a strategic message to various factions within Iran's political landscape, as he navigates the complexities of governing amid pressures from hardliners and the supreme leader. The potential for escalating sanctions from the US could heighten the challenges Pezeshkian faces in negotiating terms that would address reconstruction, security guarantees, and Iran's nuclear program.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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