Iran has delivered a new text in 14 paragraphs to Pakistani mediators, which will be presented to the US, Tasnim reports; Iran's new text focuses on the issue of end-of-war negotiations and confidence-building measures by the American side

This development indicates a potential shift in negotiations surrounding Iran's geopolitical posture, particularly relating to U.S. engagement. The focus on confidence-building measures suggests Iran may be seeking favorable terms, which could impact oil and gold markets while influencing FX dynamics, especially involving the USD and JPY. Traders should monitor market reactions closely as changes in geopolitical sentiment could lead to volatility across multiple asset classes.