A second round of talks between the US and Iran is likely to be held in Islamabad next week, Al Jazeera reports citing Pakistan channel Geo from sources

The impending second round of talks between the US and Iran in Islamabad suggests a potential thawing of tensions, which could influence energy markets, particularly crude oil pricing. If these discussions lead to progress on sanctions or nuclear agreements, we might see increased stability in oil supply, impacting WTI prices and broader commodities sentiment. Traders should monitor this closely for possible market reactions, especially in energy related assets.