Iran’s top financial regulator said ongoing negotiations still carry potential for progress, but warned against unrealistic expectations.
Hojjatollah Seydi, head of the Securities and Exchange Organization, said in Mashhad that “we are hopeful about the negotiations, but no one expects a rosy outcome.”
He identified six major challenges—including Israel, technical hurdles, China, Europe, and domestic hardliners—that could affect both the talks and Iran’s financial markets.
Mohammad Bagheri, Iran’s armed forces chief, said the country’s high defense readiness deters adversaries.
“They have realized that any aggression against Iran’s territory will come at a heavy cost, without bringing them any gain,” he said Thursday.


The US State Department has appointed Iran hawk Xiyue Wang, held prisoner in Tehran for over three years on spy charges, as a senior adviser for Iran, Politico reported on Wednesday.
Wang, who has been outspoken about opposing nuclear negotiations with Iran, recently joined the Bureau of Near Eastern Affairs.
Wang was held for 1,216 days in Tehran’s Evin Prison and released in 2019 in exchange for an Iranian scientist convicted in the US of violating sanctions.
He had traveled to Iran as a Princeton graduate student with permission from the Iranian foreign ministry before being arrested and imprisoned on espionage charges.
In a 2021 lawsuit, Wang accused Princeton University of failing to support him during his detention and of pressuring his family to stay quiet. “They sent me to Iran and left me there,” Wang said at the time.
The US and Iran are set to begin a fifth round of indirect talks in Rome on Friday in spite of remarks from Iran's Supreme Leader this week doubting they will be able to reach an agreement if US terms remain set on stopping Iran's uranium enrichment.
The hardline Kayhan newspaper, overseen by Supreme Leader Ali Khamenei, challenged the continuation of negotiations with the United States, calling the process “exhausting and dangerous” and urging a shift in strategy.
“The talks, though conducted with patience, intelligence and logic by the Iranian side, have reached a point where one must ask: what is the justification for continuing amid the other side’s obstinacy, humiliation, and obstruction?” the paper wrote.
It added, “Isn’t it time for ‘active resistance’ to replace dialogue with a wolf that smiles while sharpening its claws?”
Oil prices dropped after it was announced that the fifth round of negotiations between the United States and the Islamic Republic would take place on Friday in Rome.
Prices had earlier risen on Tuesday following a CNN report citing new US intelligence that Israel was preparing to strike Iranian nuclear facilities.

An Iranian lawmaker said growing public awareness has led to greater interest in the details of ongoing negotiations with the United States, despite economic hardships.
“Public awareness has increased. People want to know what we are going to give and what we are going to take,” Hassan Qashqavi said on state TV on Wednesday.
He added that national consensus on red lines is stronger now because “our achievements are more significant.”
