Iran's 5 ceasefire demands put $100 oil back on table

Global investors stayed on edge on Thursday as Iran denied any intention to hold talks with the United States.

Iranian Foreign Minister Abbas Araghchi stated that the two nations are exchanging information through mediators and Iran will end war on its own terms.

The development brought back caution in the market as Asian markets traded in the mixed zone on Thursday, while the oil prices surged above the critical $100 a barrel.

The snapback underscored how quickly peace optimism can fade in an oil market still trading every headline out of the Gulf.

Iran's 5 demands to end the war

As per the Iranian state media, Iran has made 5 non-negotiable demands in exchange for ending the war, where it has targeted several Gulf nations along with Israel.

Experts noted that the demands appear overly broad, making them unlikely to be accepted by the Donald Trump administration.

As per Press TV, Iran's 5 demands are:

• A full cessation of “aggression and targeted killings” by the opposing side.
• Firm, clearly defined guarantees for the payment of war damages and reparations.
• The creation of concrete safeguards to prevent the conflict from being imposed again on the Islamic Republic.
• A comprehensive end to the war across all fronts, including all resistance groups involved in the region.
• Recognition of Iran’s sovereignty over the Strait of Hormuz as a natural and legal right serving as a guarantee for enforcing the other party’s commitments.

The first four demands make clear Tehran is seeking more than a tactical pause, while the fifth goes straight to the core of the energy trade.

The demands quickly shifted sentiment and turned ceasefire hopes into concerns of a tougher negotiation stance.

Instead of de-escalation, markets began to see Tehran leveraging military pressure to gain strategic control over the Strait of Hormuz.

Oil market distrusts ceasefire hopes

There is still a diplomatic track on paper, but not yet one the market fully trusts.

Iran's five demands came in response to the 15-point proposal drafted by Washington to end the war.

The problem is that the two sides are describing different realities.

Trump has insisted Iran wants a deal and that negotiations are underway, while Tehran has publicly denied direct talks and signaled that any ceasefire must come on its own terms.

For oil, that means the bearish case still needs proof, while the bullish case already has a visible catalyst.

Until that changes, markets will keep treating ceasefire headlines with caution.

Any price dips driven purely by optimism are likely to be short-lived and quickly bought.

Without a credible deal and reduced shipping risks, $100 oil is no longer seen as a temporary spike, but as a potential baseline.