"Iranian Foreign Ministry: Araqchi held two calls with the Pakistani army chief and foreign minister to discuss a ceasefire.", Al Araby reports

The report of Iranian Foreign Ministry's calls with key Pakistani officials about a ceasefire suggests an attempt at diplomatic resolution in the region.

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Japanese PM Takaichi says she is urging the cabinet to seek new sources for oil imports

BoE DMP:

"Iranian Foreign Ministry: Araqchi held two calls with the Pakistani army chief and foreign minister to discuss a ceasefire.", Al Araby reports

Pakistani official notes of a state of uncertainty regarding the second round of talks, "and we await Iran's response", Al Arabiya reports

Israel again attacks southern Lebanon, claiming retaliation for overnight rocket fire, Al Jazeera reports

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Context

This could indicate a potential easing of tensions, which may affect regional stability and market sentiment in commodities, especially oil. Traders should monitor for any developments that may signal a shift in the geopolitical landscape or impact on safe-haven assets.

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