Pakistani Foreign Ministry spokesperson, on US-Iran not coming to an agreement says, "we are not discouraged", "we remain positively engaged"

The comments from the Pakistani Foreign Ministry suggest a persistent diplomatic engagement between the US and Iran, despite a lack of agreement. This sentiment could imply a slower escalation in tensions, which may provide some support for energy prices, particularly if the market perceives a reduced risk of conflict affecting supply chains. Traders should watch commodities closely, especially WTI and Brent, as any further developments could shift sentiment quickly.