[MARKET UPDATE] Dollar sold, stocks see gains but crude only sees marginal pressure after reports suggest Iran may see breakthrough tonight or tomorrow on preparations for US/Iran talks

The report suggesting a potential breakthrough in US/Iran talks has led to a weaker dollar and positive sentiment in equity markets, which reflects a risk-on environment.

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[MARKET UPDATE] Dollar sold, stocks see gains but crude only sees marginal pressure after reports suggest Iran may see breakthrough tonight or tomorrow on preparations for US/Iran talks

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An Iranian diplomatic source stated on the 23rd that preparations for talks between Iran and the United States in Pakistan may see a breakthrough "tonight or tomorrow.", according to CCTV

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However, crude oil prices are seeing only marginal pressure, indicating that traders may be cautious about the long-term implications of these developments for oil supply and geopolitical stability.

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