Senior Iranian official to Al-Jazeera channel says a transfer of messages is taking place between Tehran and Washington, mediated by Egypt and Turkey, based on good intentions aimed at reducing the tension
Context
The reported transfer of messages between Tehran and Washington, mediated by Egypt and Turkey, signals a potential thaw in relations, which could lead to de-escalation in tensions. This development may impact risk sentiment and could be bullish for oil prices if it suggests greater stability in the Middle East, as well as influencing the USD's performance against emerging market currencies.
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