Pakistani Foreign Ministry says Iranian Foreign Minister Abbas Araqchi is likely to travel to Pakistan on Monday, Al Mayadeen reports, citing sources

In past episodes, the market-relevant distinction has been between visits that signal de-escalatory intent, which tend to see the geopolitical premium in crude and freight and insurance costs bleed out, and those that are preparatory or dead-end, which fade within sessions. A reported, source-cited itinerary rather than a confirmed one carries a low information bar; the tell is whether the visit is confirmed by Tehran and whether readouts afterwards reference specific files, nuclear, sanctions, or bilateral, since vague communiques have historically been the norm for symbolic trips. Follow-ons worth noting are any parallel contact between Iran and the US or European parties, and comments from Gulf capitals, which tend to confirm or deflate whether a genuine channel is open. Until then this is positioning noise at the margin of the Iran risk premium rather than a repricing event.