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Iran, US presidents trade peace requirements: Update 2
Iran, US presidents trade peace requirements: Update 2
adds Iranian denial of ceasefire request in paragraph 4 London, 1 April (Argus) — The presidents of Iran and the US have each laid out simple conditions required in order for the war to de-escalate, but neither indicated they would take the first step. Iranian president Masoud Pezeshkian said late on 31 March that Tehran has the "necessary will" to bring the conflict with the US and Israel to an end, but only once it has ironclad guarantees that they will not attack Iran in the future. On Wednesday, US President Donald Trump said "Iran's new regime president" — presumably Pezeshkian, but this was not specified — has asked Washington for a ceasefire, but said this request would only be considered when Iran reopens shipping through the strait of Hormuz. Until then the US would continue its military campaign, Trump said. Iran's foreign ministry spokesman has since described Trump's claim of a ceasefire request as "false and baseless", according to Iranian state news agency Press TV. This would be consistent with Tehran's recent stance. Iranian officials, including foreign minister Abbas Araqchi, have repeatedly said Iran is not looking for a ceasefire, but wants a total end to hostilities. They have said a ceasefire will allow for the US and Israel to once again regroup and prepare for future attacks. "We do not believe in a ceasefire," Araqchi said. "We believe in ending the war." The US has been claiming negotiations with unidentified Iranian officials since last week, repeatedly remarking on "very good" progress. Iranian officials have consistently denied that any negotiations are underway. Trump is scheduled to address the US to "provide an important update on Iran" at 21:00 ET on Wednesday (02:00 GMT on Thursday), the White House said. He said on 31 March that US forces could leave the region within two to three weeks. Hormuz disruption The war in the Middle East is in a fifth week, with the US and Israel continuing their heavy aerial campaign against numerous targets across Iran. Tehran has been responding to the attacks by launching missiles and drones at Israel and US-linked assets across the Mideast Gulf, including critical energy infrastructure in Gulf Co-operation Council states. Iranian retaliatory attacks on commercial vessels in and around the strait of Hormuz have heavily restricted traffic through the key waterway, severely curtailing exports of crude oil, oil products, LNG, fertilizers and other commodities from the region. Pezeshkian reiterated that the strait is only closed to vessels with links to "Iran's aggressors and their supporters", and several Asian countries, including Malaysia and Thailand, have said in recent days that Tehran has given assurances of safe passage. Pakistan's foreign minister Ishaq Dar said at the weekend that Iran had approved 20 Pakistani-flagged vessels to traverse the strait. Abu Dhabi state-owned Adnoc's chief executive, Sultan al-Jaber, today described the strait's closure as "global extortion", and said "the world must act together to protect the free flow of energy and safeguard economic stability." With the US seemingly preferring other countries to take responsibility for securing the strait, the UK today said it will host this week a meeting of 35 nations' foreign ministers to assess ways of opening the waterway and to make it "accessible and safe after the fighting has stopped". London did not outline which countries are involved, but if they are the same 35 as co-signed a UK letter in mid-March calling for the strait to reopen this would be a new attempt to get an international coalition together. In the early days of the war France said it would create a coalition to secure vessel traffic through Hormuz, but Paris later backtracked on that , in line with the broader EU stance . By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Iran, US presidents trade peace requirements: Update
Iran, US presidents trade peace requirements: Update
Recasts, with added comments from US president, Adnoc CEO, UK PM London, 1 April (Argus) — The presidents of Iran and the US have each laid out simple conditions required in order for the war to de-escalate, but neither indicated they would take the first step. Iranian president Masoud Pezeshkian said late on 31 March that Tehran has the "necessary will" to bring the conflict with the US and Israel to an end, but only once it has ironclad guarantees that they will not attack Iran in the future. On Wednesday, US President Donald Trump said "Iran's new regime president" — presumably Pezeshkian, but this was not specified — has asked Washington for a ceasefire, but said this request would only be considered when Iran reopens shipping through the strait of Hormuz. Until then the US would continue its military campaign, Trump said. Iran has yet to offer any formal response to Trump's latest comments. If true, they would represent a departure from Tehran's recent stance. Iranian officials, including foreign minister Abbas Araqchi, have repeatedly said Iran is not looking for a ceasefire, but wants a total end to hostilities. They have said a ceasefire will allow for the US and Israel to once again regroup and prepare for future attacks. "We do not believe in a ceasefire," Araqchi said. "We believe in ending the war." The US has been claiming negotiations with unidentified Iranian officials since last week, repeatedly remarking on "very good" progress. Iranian officials have consistently denied that any negotiations are underway. Trump is scheduled to address the US to "provide an important update on Iran" at 21:00 ET on Wednesday (02:00 GMT on Thursday), the White House said. He said on 31 March that US forces could leave the region within two to three weeks. Hormuz disruption The war in the Middle East is in a fifth week, with the US and Israel continuing their heavy aerial campaign against numerous targets across Iran. Tehran has been responding to the attacks by launching missiles and drones at Israel and US-linked assets across the Mideast Gulf, including critical energy infrastructure in Gulf Co-operation Council states. Iranian retaliatory attacks on commercial vessels in and around the strait of Hormuz have heavily restricted traffic through the key waterway, severely curtailing exports of crude oil, oil products, LNG, fertilizers and other commodities from the region. Pezeshkian reiterated that the strait is only closed to vessels with links to "Iran's aggressors and their supporters", and several Asian countries, including Malaysia and Thailand, have said in recent days that Tehran has given assurances of safe passage. Pakistan's foreign minister Ishaq Dar said at the weekend that Iran had approved 20 Pakistani-flagged vessels to traverse the strait. Abu Dhabi state-owned Adnoc's chief executive, Sultan al-Jaber, today described the strait's closure as "global extortion", and said "the world must act together to protect the free flow of energy and safeguard economic stability." With the US seemingly preferring other countries to take responsibility for securing the strait, the UK today said it will host this week a meeting of 35 nations' foreign ministers to assess ways of opening the waterway and to make it "accessible and safe after the fighting has stopped". London did not outline which countries are involved, but if they are the same 35 as co-signed a UK letter in mid-March calling for the strait to reopen this would be a new attempt to get an international coalition together. In the early days of the war France said it would create a coalition to secure vessel traffic through Hormuz, but Paris later backtracked on that , in line with the broader EU stance . By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Iran repeats will to end conflict, but needs guarantees
Iran repeats will to end conflict, but needs guarantees
London, 1 April (Argus) — Iran's president Masoud Pezeshkian said Tehran has the "necessary will" to bring the current conflict with the US and Israel to an end, but only once it gets ironclad guarantees that they will not attack Iran again in the future. "The solution to normalising the situation is to stop their aggressive attacks," Pezeshkian said late on 31 March. "We have not sought tension or war at any point, and we have the necessary will to end this war, provided the essential conditions are met, especially guarantees this aggression will not be repeated." Pezeshkian's comments were made in a telephone call with the president of the European Council, Antonio Costa, to discuss ways to de-escalate a situation that the latter said had become "extremely dangerous". The war in the Middle East is now in its fifth week, with the US and Israel continuing their heavy aerial campaign against numerous targets across Iran. Tehran has been responding to the attacks by launching missiles and drones at Israel and US-linked assets across the Mideast Gulf, including critical energy infrastructure in Gulf Co-operation Council states. Iranian retaliatory attacks on commercial vessels in and around the strait of Hormuz have heavily restricted traffic through the key waterway, severely curtailing exports of crude oil, oil products, LNG, fertilisers and other commodities from the region. "The current situation in the… strait of Hormuz is a direct result of the hostile and aggressive actions of the US and the Zionist regime [Israel] against Iran," Pezeshkian said, reiterating that the strait is only closed to vessels with links to "Iran's aggressors and their supporters". Several Asian countries, including Malaysia and Thailand, have said in recent days that Iran has given assurances of safe passage for their vessels through the strait. Pakistan's foreign minister Ishaq Dar said over the weekend that Iran had also approved 20 Pakistani-flagged vessels to sail through the strait. Pezeshkian's comments came as US president Donald Trump said US forces could leave Iran within two to three weeks, potentially signalling the end of the ongoing war. "All I have to do is leave Iran, and we will be doing that very soon," Trump said late on 31 March, offering a timeline of "maybe two weeks, maybe three". The Trump administration has been claiming negotiations with unidentified Iranian officials since last week, repeatedly boasting of "very good" progress. Iranian officials have consistently denied that any negotiations are underway. But in an apparent change of tack, Trump said ending the war was now not dependent on securing a formal agreement with Tehran. "Iran does not have to make a deal, no," Trump said. "They don't have to make a deal with me." By Nader Itayim Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Regulators press data centers to cut load, or wait
Regulators press data centers to cut load, or wait
Houston, 31 March (Argus) — US regulators and grid operators are calling on data centers to cut their power use when the grid is overloaded, saying it is the only way to connect large-load customers as quickly as they are requesting. Officials and industry executives in Houston for an energy conference last week agreed the grid can not be expanded fast enough to meet unprecedented load-growth forecasts if each data center must be served its full allocation of power every hour of the year. But panel discussions and interviews showed a gap between the flexibility regulators say is possible and what data-center operators say they can deliver right now. "Finding a way to manage this demand in a flexible way is how we are going to get through this transition," PJM chief operating officer Stu Bresler said at CERAWeek by S&P Global in Houston, Texas. Without a way to curtail load during tight conditions, large new customers could face wait times stretching over a decade to connect on to the grid, he said. Although data centers request power connections sized for their maximum load, they do not necessarily operate at that level around-the-clock. Meanwhile, the grid only faces severe strain for a few dozen hours a year, usually during extreme weather events, a window that the Electric Power Research Institute (EPRI) says amounts to less than 1pc of the time. Regulators argue that if data centers agreed to reduce their draw during those peak hours for the grid, the system could absorb far more demand without immediate infrastructure expansion. Officials pointed to a study by Duke University showing that if customers in PJM, the nation's largest grid operator, cut load by half a percentage point for roughly two days, 18GW of new load could be absorbed without adding physical infrastructure to the system. Those cuts will not materialize without clear financial incentives, said the conference attendees. One way to incentivize such behavior is to pay large load customers who agree to use less power at the grid's request, the same way generators are compensated for supply, said Federal Energy Regulatory Commission (FERC) commissioner Judy Chang. "We really should focus on the demand side and include large data centers' ability to curtail," said Chang. "We're not quite getting the incentives yet right." Switching off Some artificial intelligence (AI)-training workloads can be paused or rescheduled but that flexibility varies by site and depends on permits, on-site equipment and the type of computing being performed, said Google's global head of data center energy, Amanda Peterson Corio. "There are many flexibility options, but not every data center can respond the same way," she said. AI-focused "compute factories" tend to be more adaptable because training jobs can be paused, while enterprise data-center workloads are far less flexible, said EPRI vice president of strategy David Porter. The group's work includes launching Flex Mosaic, a classification system meant to help utilities and data-center operators define what each site can realistically offer. Large customers who can will respond if markets put a value on reducing load, but the industry still needs clear rules for how much load can be cut and under what price signals, said Peterson Corio. Some data-center operators pushed back against the idea that most facilities can deliver the type of reductions regulators are envisioning. The vast majority of Amazon Work Spaces' (AWS) sites cannot lower their load on demand because the cloud and enterprise workloads they host cannot be interrupted without affecting customers, said AWS vice president Kerry Person. The only practical way AWS and others like it can reduce their draw on the grid is by switching to on-site backup generators, the majority of which burn fossil fuels because battery storage technology has not yet reached the scale of demand. US rules prohibit that approach, however, because environmental permits limit backup generators to emergency use only. "That's a regulatory issue," Person said. For now, most large-scale examples of this behavior remain confined to pilot programs. EPRI's DC Flex initiative is running field demonstrations at operating data centers to test how much load can be reduced without harming performance and whether facilities can provide services such as frequency support. If the industry cannot agree on workable rules for cutting load during peak hours, large users will continue to pursue their own behind-the-meter generation rather than wait years for a grid connection — a shift executives warned would raise costs, lock in more fossil-fuel use and leave the shared power system worse off . By Jasmina Kelemen Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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