Iran Reportedly Snubs Ceasefire Plan, Officials Say Trump Is Negotiating With Himself

The U.S.-proposed ceasefire plan includes sanctions relief, a rollback of Iran’s nuclear program, and the resumption of shipping through the Strait of Hormuz.

American and Iranian flags displayed on a phone screen are seen in this multiple exposure illustration photo.(Photo by Jakub Porzycki/NurPhoto via Getty Images)

Rounak Jain · Stocktwits

Published Mar 25, 2026, 7:05 AM ETD

SPY
  • Iranian Parliament Speaker Mohammad-Bagher Ghalibaf stated in a post on X on Wednesday that the country is monitoring U.S. troop deployments and movements in the region.
  • An Iranian official said that either Pakistan or Turkey could be a venue for talks with the U.S., according to a report by Reuters.
  • Ankara is also acting as a facilitator in relaying messages between the U.S. and Iran, according to the report, citing Harun Armagan, a senior official of Turkey's ruling party.

Iran has reportedly rejected a 15-point ceasefire plan sent to the country by the U.S. through Pakistan, a day after the country’s Foreign Minister Esmaeil Baghei said that Iran had a “very bad experience with American diplomacy.”

According to a Reuters report, Ebrahim Zolfaqari, a spokesperson for Iran's joint military command, said that President Donald Trump is negotiating with himself.

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“Has the level of your inner struggle reached the stage of you (Trump) negotiating with yourself? People like us can never get along with people like you,” Zolfaqari said, according to the report.

According to a report by The Associated Press, Pakistani officials confirmed on Wednesday that they have delivered the U.S.’s ceasefire plan to Iran, even as the United States moves thousands of marines to the Middle East.

Not Logical To Discuss Ceasefire With US, Says Iran

According to a CNBC report citing Iran’s FARS News Agency, the country said it will not accept a ceasefire offer from the U.S.

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“Iran does not accept a ceasefire. Basically, it is not logical to enter into such a process with those who violate the agreement,” said an informed source, according to FARS.

The ceasefire plan proposed by the U.S. includes aspects like sanctions relief, a rollback of Iran’s nuclear program and allowing shipping through the Strait of Hormuz.

The ceasefire plan proposed by the U.S. includes aspects like sanctions relief, a rollback of Iran’s nuclear program, with a provision to allow the International Atomic Energy Agency to undertake monitoring, as well as allowing shipping through the Strait of Hormuz, according to the report.

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This comes after President Trump announced on Monday that the attacks on Iran’s energy infrastructure had been postponed for five days.

Iran Says It Is Monitoring US Troop Deployments

Iranian Parliament Speaker Mohammad-Bagher Ghalibaf stated in a post on X on Wednesday that the country is monitoring U.S. troop deployments and movements in the region.

“What the generals have broke, the soldiers can't fix; instead, they will fall victim to Netanyahu's delusions. Do not test our resolve to defend our land,” he added.

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Mohammad Bagher Ghalibaf's post on X | @mb_ghalibaf/X

Meanwhile, crude oil prices eased on Wednesday amid reports of talks between the U.S. and Iran.

U.S. West Texas Intermediate (WTI) crude futures maturing in May tumbled more than 5% to hover around $87 per barrel. Brent crude futures expiring in June fell 6% to $94 per barrel.

The United States Oil Fund ETF (USO) fell over 5%, while the ProShares Ultra Bloomberg Crude Oil ETF (UCO) was 7% at the time of writing.

Turkey Or Pakistan Could Be Venue For Talks, Says Iranian Official

An Iranian official said that either Pakistan or Turkey could be a venue for talks with the U.S., according to a report by Reuters.

Ankara is also acting as a facilitator in relaying messages between the U.S. and Iran, according to the report, citing Harun Armagan, a senior official of Turkey's ruling party. 

Meanwhile, according to an Al Jazeera report, Iranian President Masoud Pezeshkian praised Turkey for its firm stance against Israel, calling it “commendable.”

The report also noted that Israeli Defense Minister Israel Katz said that the country has dropped over 15,000 bombs on Iran in the ongoing war, four times more than what it dropped during the 12-day war in 2025.

U.S. equities soared in Wednesday’s opening trade. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 1.05%; the Invesco QQQ Trust ETF (QQQ) rose 1.17%; and the SPDR Dow Jones Industrial Average ETF Trust (DIA) gained 1.18%. Retail sentiment on Stocktwits regarding the S&P 500 ETF was in the ‘extremely bearish’ territory.

Also See: TTD Stock Plunges After Omnicom Launches Audit Of The Trade Desk’s Fees: Report

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