Iran's Foreign Minister Abbas Araghchi warned on Wednesday that any Israel-instigated attack would have a "devastating impact" on global markets.
"Devastating impact on int'l markets of any Israel-instigated military misadventure” in the Arabian Gulf region “remains major concern for both gas suppliers and consumers," Araghchi said in a post on X.
His post came as Qatari mediators presented Iran with a new draft deal on Sunday to end the war with the US and Israel, and Tehran is expected to send a response to the draft by the end of the week, an official briefed on the negotiations said on Wednesday.
The new draft being considered by Iran sets a seven-day timeline addressing both Tehran's and Washington's concerns, laying out daily confidence-building steps that each side must take, the official said.
The timeline could begin early next week and several countries would act as guarantors of the deal, the official added.
Qatar, along with Pakistan, has led mediation to end the war that the US and Israel launched in February. The conflict has disrupted global shipping and oil supplies and spilled over across other parts of the Middle East.
