Sources close to the event say Pakistan will work with Araqchi in the coming hours to resolve the Hormuz crisis first, via Al Hadath

This headline indicates that Pakistan is set to engage with Iran's Araqchi to address the ongoing crisis in the Hormuz Strait, suggesting a potential easing of tensions in a key maritime route. Such diplomatic efforts could influence oil prices and ripple through energy markets, especially if they lead to a de-escalation of hostilities. However, the effectiveness and durability of these talks remain to be seen, and traders should monitor developments closely for deeper market impacts.