Egypt's Foreign Minister says Cairo is ready to host talks to support de-escalation between US and Iran, and backs President Trump's push for negotiations, adding he hopes there will be direct talks between the two sides

Egypt's Foreign Minister's indication that Cairo is prepared to host talks aimed at de-escalating tensions between the US and Iran could be viewed as a positive development for market stability. This statement supports President Trump's negotiation efforts, suggesting a potential thaw in relations which may impact energy prices and risk sentiment across global markets. Traders might look for movements in oil prices and related currencies, as any progress could alleviate concerns about supply disruptions in the region.