Iran FM Araghchi and a small team are expected to talk with Pakistani mediators about a potential second round of negotiations with the U.S., according to MS Now citing a Pakistani official

The pending talks between Iran's Foreign Minister and Pakistani mediators regarding negotiations with the U.S. could signal a potential thaw in relations, influencing market sentiment. If these discussions progress positively, it may impact oil prices and safe-haven assets, given the geopolitical stakes involved. Traders should watch how this develops, particularly for moves in the USD and commodities like WTI and gold.