"Iranian delegation to LIKELY arrive in Islamabad tonight which will be lead by Iran’s Foreign Minister", journalist Mallick reports; US logistics team is already in Islamabad, signals the 2nd round of talks to go through.

The arrival of the Iranian delegation, led by the Foreign Minister, signals the commencement of the second round of talks in Islamabad. This development is particularly significant as it indicates potential progress in diplomatic relations that could impact regional stability and energy markets, especially WTI prices through shifts in supply dynamics and geopolitical risk assessments. Market participants will want to monitor the outcomes of these discussions closely, as they could lead to a reassessment of trade and energy flows in the region.