Iran's Foreign Spokesman says the details of a diplomatic process with the US is currently being reviewed with hopes that the framework for negotiations will be finalised in the coming day, via Abas Aslani on X

Iran's Foreign Spokesman indicating progress in diplomatic talks with the US suggests a potentially significant shift in relations that could impact energy markets.

Newsquawk StaffPublished 2 Feb 2026, 10:41 UTCOn the live feed at 10:21 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

10:33

Israeli officials report that US envoy Witkoff is to visit Israel for meetings with Israeli PM Netanyahu

10:33

US Federal Maritime Commissoner DiBella wants to focus the agency on geopolitical risks to the US' exporters/importers and play a bigger role, WSJ reports

10:21

Iran's Foreign Spokesman says the details of a diplomatic process with the US is currently being reviewed with hopes that the framework for negotiations will be finalised in the coming day, via Abas Aslani on X

10:15

[MARKET ANALYSIS] Equities hit in early trade but making their way off lows

10:00

[MARKET ANALYSIS] WTI dips below USD 62/bbl as US-Iran tensions ease, with talks in Turkey this week looming

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Tasnim adds "...negotiations are likely to take place at the level of Iranian Foreign Minister Abbas Araqchi and US envoy Whitkoff". Talks could begin in the next few days. A push underway to make the talks occur.

Context

If negotiations materialize, they may alleviate tensions and subsequently affect oil prices, particularly WTI, as the market reacts to possible supply increases or sanctions relief. Keep an eye on subsequent developments, as any concrete outcomes could lead to volatility in both commodities and broader market sentiment.

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