Pakistani, Egyptian and Turkish mediators will continue talks with the US and Iran in the coming days, aiming to help close the gaps between US-Iran, Axios reports citing sources; all parties believe a deal is possible
- The source suggests that Trump could resume strikes if the US naval blockade does not lead to Iran making changes; targets could include infrastructure he threatened to attack before the ceasefire was announced.
- On the blockade, says the US's decision to walk away from the talks in Pakistan, is part of the ongoing negotiations.
Context
Increased diplomatic activity involving Pakistan, Egypt, and Turkey to mediate between the US and Iran indicates a potential shift in the geopolitical landscape. If a deal materializes, it could significantly impact oil markets, particularly WTI prices, given Iran's role as a major oil producer. However, the mention of possible military strikes underlines the ongoing volatility and risks that could disrupt energy supplies from the region.
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