"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. 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.