Iranian Parliament Speaker Ghalibaf and Foreign Minister Araqchi traveled to Pakistan to participate in the negotiations, Al-Araby Al-Jadeed reports

The visit by Iranian officials to Pakistan for negotiations signals a potential escalation or shift in regional diplomacy, particularly involving Iran's relationships in South Asia.

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White House officials says doubts prevail in the White House and now Trump believes that opening the Strait of Hormuz is unlikely anytime soon, according to Al Jazeera citing Reuters

US Monthly Budget Statement (Mar) -164.0B vs. Exp. -156.75B (Prev. -308B)

Iranian Parliament Speaker Ghalibaf and Foreign Minister Araqchi traveled to Pakistan to participate in the negotiations, Al-Araby Al-Jadeed reports

Pakistan PM on US-Iran talks, says the this phase of talks is a make or break to seek a permanent ceasefire

The UK will host a fresh round of talks with non-US allies on how to unblock the Strait of Hormuz next week, Politico reports

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Market participants should consider how this might impact oil prices and regional security dynamics, which could affect commodities and risk assets. Watch for responses from nearby markets and any further developments that could influence the geopolitical landscape.

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