Pakistani sources told Al-Hadath that the "two sides are closer to beginning a negotiation process that could take months"

The report suggests that Pakistani sources indicate a shift towards negotiations between involved parties, which could signify an easing of tensions in the region. This development may bolster market sentiment, particularly in assets sensitive to geopolitical stability, such as emerging market currencies or equities. However, the timeline of months suggests that any tangible outcomes may remain distant, potentially keeping volatility alive in the interim.