"Iran’s Foreign Minister is NOT returning to Pakistan following his Russia visit", journalist Mallick reports; "team is currently in consultation mode and will return when there to Islamabad, soon, when they think there is headway in talks."

Context

The situation indicates a delay in diplomatic progress between Iran and Pakistan, which may create short-term volatility in regional markets. The continued consultations could impact currency pairs like USD/IDR and EUR/Pakistani Rupee, while broader investor sentiment may shift towards safe-haven assets like gold amidst geopolitical uncertainties.

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