Pakistani Journalist Mallick says "While Islamabad has offered to host the next round of in person talks between US and Iran, which could be held at a working level, to my understanding, date and venue for the next round has not been finalised as yet"

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[MARKET UPDATE] Risk-on move seen following reports of US-Iran talks resuming later in the week; Equities bid, DXY marks fresh session lows, crude falls below USD 98/bbl

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Pakistani Journalist Mallick says "While Islamabad has offered to host the next round of in person talks between US and Iran, which could be held at a working level, to my understanding, date and venue for the next round has not been finalised as yet"

US and Iranian negotiation teams to return to Islamabad for peace talks later this week, according to sources

Spanish Core Inflation Rate YoY Final (Mar) Y/Y 2.9% vs. Exp. 2.7% (Prev. 2.7%)

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Context

The mention of Islamabad offering to host talks between the US and Iran signals a potential thaw in relations, particularly regarding Iran's nuclear program, which could influence oil supply dynamics. While the date and venue are still undecided, the prospect of diplomatic engagement might lead to market speculation on WTI prices and overall energy stability in the region.

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