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A senior US official said the US-Iran meeting on Friday will focus on trying to reach a "package deal" that would prevent war with Iran; Trump admin hopes the Iranians will come to the summit ready to make significant compromises, Axios reports

The news that the US and Iran are set to discuss a "package deal" intended to prevent war suggests a potential thaw in tensions, which could reduce risk premiums across various assets.

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A senior US official said the US-Iran meeting on Friday will focus on trying to reach a "package deal" that would prevent war with Iran; Trump admin hopes the Iranians will come to the summit ready to make significant compromises, Axios reports

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If successful, this could strengthen the US dollar while pressuring commodities like oil, as the prospect of conflict lessens supply concerns. Traders should watch for market reactions across equities and energy prices as developments unfold.

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