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Egyptian Foreign Minister stressed in two phone calls with his Iranian counterpart and US envoy Witkoff, the need to de-escalate and achieve calm

Newsquawk Staff ·

Egyptian Foreign Minister stressed in two phone calls with his Iranian counterpart and US envoy Witkoff, the need to de-escalate and achieve calm.

What it means

The Egyptian Foreign Minister's calls for de-escalation with both Iranian officials and a U.S. envoy underscore rising tensions that could impact regional stability. If successful, this diplomatic push might ease market volatility in energy assets and havens like gold, while also influencing broader geopolitical sentiment in the region.

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