[MARKET UPDATE]: Oil climbs and stocks slide over the last couple of hours with still no confirmation of US/Iran talks while multiple reports say US delegation has not left for Pakistan yet and Iran has not yet made up its mind
The lack of confirmation regarding US/Iran talks is contributing to rising oil prices, while equities are experiencing downward pressure.
VP Vance has arrived at the White House, via CNN, later adds that Hegseth and Rubio are also there
Atlanta Fed GDPNow (Q1 26): 1.2% (prev. 0.9%)
[MARKET UPDATE]: Oil climbs and stocks slide over the last couple of hours with still no confirmation of US/Iran talks while multiple reports say US delegation has not left for Pakistan yet and Iran has not yet made up its mind
At least 10 ships delayed in loading of grains due to trucker protest at Argentina's Quequen port
Chances that US and Iran will bridge their differences and reach an agreement, or even a framework agreement, are very low to nonexistent, a senior Israeli diplomatic source told Al-Monitor.
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This divergence suggests heightened geopolitical risk perceived by investors, potentially leading to increased volatility in energy markets and subsequent spillovers into broader risk sentiment across asset classes.
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