A Pakistani source told Al-Hadath that a direct meeting between US and Iranian delegations may take place on Sunday.

Context

The potential for a direct meeting between US and Iranian delegations is significant, suggesting a possibility of tension de-escalation or negotiations around contentious issues. This could impact market sentiment, particularly in sectors sensitive to geopolitical developments, such as oil and defense. Market participants should watch for reactions in related assets, including crude prices and safe havens like gold and the USD.

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