10:15:53 EDT Thu 26 Mar 2026
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ConocoPhillips (COP) BMO CDR (CAD Hedged)
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Close 2026-03-25 C$ 14.51
Market Cap C$ 1,596,100
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Globe/AP say Chevron hears Iran handed peace proposal

2026-03-26 08:00 ET - In the News

See In the News (C-CHEV) Chevron CDR (CAD Hedged)

The Globe and Mail reports in its Thursday edition that Iran on Wednesday dismissed an American plan to pause the war in the Middle East and launched more attacks on Israel and Gulf Arab countries, including strikes that hit a fuel tank at Kuwait International Airport, sparking a fire. An Associated Press dispatch to The Globe says Iran's defiance came as Israel launched air strikes on Tehran and as the United States deployed paratroopers and more Marines to the region. Iran's Foreign Minister Abbas Araghchi said on state TV that his government has not engaged in talks to end the war, "and we do not plan on any negotiations." That followed a report from Iranian state TV's English-language broadcaster quoting an anonymous official as saying Iran rejected America's ceasefire proposal and has its own demands for an end to the fighting. Earlier, two officials from Pakistan, which transmitted the U.S. plan to Iran, described the 15-point proposal broadly, saying it addressed sanctions relief, a rollback of Iran's nuclear program, limits on missiles and reopening the Strait of Hormuz. An Egyptian official involved in the mediation efforts said the proposal also includes restrictions on Iran's support for armed groups.

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