Pakistan's Information Minister says a formal response from the Iranian side regarding their attendance to US-Iran talks is still awaited. Efforts continue to convince Iran to attend the talks.

The delay in Iran's formal response to attend the US-Iran talks suggests ongoing complexities in the diplomatic landscape, which could heighten tensions in the region.

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Full post, on the situation as of 19:30PST/15:30BST/10:30ET:

  • 1. Formal response from Iranian side about confirmation of delegation to attend Islamabad Peace Talks is still awaited.
  • 2. ⁠Pakistan as the mediator is in constant touch with Iranians and pursuing the path of diplomacy and dialogue.
  • 3. Ceasefire ends at 4:50 am PST, 22 April. Decision from Iran to attend the talks before the end of two weeks ceasefire is critical.
  • 4. ⁠Pakistan has made sincere efforts to convince the Iranian leadership to participate in the second round of talks and these efforts continue.
Context

A failure to secure Iran's participation before the ceasefire ends may lead to increased volatility in energy markets and related currencies, particularly if the situation escalates. Traders should monitor this closely as developments could influence commodities and safe-haven assets.

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