Officials involved in efforts to de-escalate the US-Iran tensions reportedly downgrade expectations for Friday’s meeting following their conversations with Iranian diplomats, WSJ reports

Officials involved in efforts to de-escalate the US-Iran tensions reportedly downgrade expectations for Friday’s meeting following their conversations with Iranian diplomats, WSJ reports.

This headline suggests a downgrading of hopes for a positive outcome from the upcoming US-Iran meeting, reflecting the challenges in diplomatic efforts. The de-escalation of tensions is a critical factor for global markets, particularly impacting oil prices and safe-haven assets like gold, as any sign of renewed conflict would likely increase volatility.