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
Increased diplomatic activity involving Pakistan, Egypt, and Turkey to mediate between the US and Iran indicates a potential shift in the geopolitical landscape.
Chinese New Yuan Loans (Mar) 2990B vs. Exp. 3400B (Prev. 900B)
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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
CPC’s oil exports rose 48% in March from February to 1.58mln bpd, boosted by recovery at the Tengiz field, according to sources cited by Reuters
French President Macron said France and the UK will organise a conference in coming days aimed at restoring freedom of navigation in Hormuz
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- 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.
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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