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Iran receives US reply on Strait of Hormuz deal as rial hits record low

Market News
30 Sep 2026
Tokenpost
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Bearish
Iran receives US reply on Strait of Hormuz deal as rial hits record low

Iran announced it received a formal response from the US regarding a proposal to end conflict and reopen the strategic Strait of Hormuz. The rial fell to a record low of 2.54 million per dollar amid ongoing indirect talks mediated by Qatar and Pakistan. Iran's proposal includes lifting US sanctions, releasing frozen assets, and ending the blockade of Iranian ports in exchange for reopening the waterway crucial for energy shipments. Meanwhile, the US imposed new sanctions targeting Iranian defense procurement, adding economic pressure alongside diplomacy. The outcome of these talks could impact regional stability and global energy markets.

Iran's rial and recent US diplomatic moves provide context for cryptocurrency trends on Pluang. As of Sep 30, 2026 21:02 WIB, 15 of 50 major cryptocurrencies rose while 34 fell. Notable movers include ONE at Rp41 with a -7.80% change and 57% sell order activity, AAVE at Rp2.892.510 down 6.93% with 97% sell orders, and AVAX at Rp198.505 down 5.19% with 68% buy orders.

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