Intensive diplomatic efforts are currently underway between Iran and the US across multiple channels, Kann news reports; efforts aimed at reducing the level of "escalation" between parties. However, no significant breakthrough reported at this stage.

Intensive diplomatic efforts are currently underway between Iran and the US across multiple channels, Kann news reports; efforts aimed at reducing the level of "escalation" between parties. However, no significant breakthrough reported at this stage.

Ongoing diplomatic efforts between Iran and the US signal a potential easing of tensions, which could impact market sentiment across various asset classes, including equities and commodities. While no significant breakthroughs have been reported yet, the reduction in escalation concerns may support risk-on behavior, particularly in energy markets and across the broader equity spectrum.