Iranian Foreign Minister Araqchi says they are prepared to return to talks with the US, on the condition they are based on mutual respect. The US' attitude is contradictory. Not seeking nuclear weapons.

• For the US, a military offensive is not an option.
• Need to see preconditions and an agenda ahead of any meeting.

This development signals a potential thaw in US-Iran relations, contingent upon mutual respect in negotiations. The emphasis on not pursuing nuclear weapons may also ease tensions and reduce risks in energy markets, particularly oil. Traders should watch for possible impacts on USD and commodities—especially oil and gold—as market sentiment adjusts to these geopolitical cues.