Talks between the US and Iran in Geneva this morning were both indirect and direct, Axios reports, citing sources
Newsquawk Staff ·
Talks between the US and Iran in Geneva this morning were both indirect and direct, Axios reports, citing sources.
What it means
The ongoing US-Iran talks signal a potentially shifting dynamic in geopolitical relations that could impact energy markets, particularly crude oil. Depending on whether progress is made or tensions escalate, we might see volatility in WTI prices, influencing broader commodities and risk sentiment. Keep an eye on related assets, as any breakthroughs could lead to significant shifts in supply outlooks.
Sources
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Satellite imagery indicates significant damage to the main refining unit at Saudi Arabia's Ras Tanura (550k BPD) refinery following a strike by Yemeni armed forces, leaving the unit inoperable, Fars reports
Related headlines
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- Iranian Foreign Minister Araghchi briefed the Cabinet on diplomatic developments and consultations with Qatar, Pakistan, Saudi Arabia and Turkey, emphasising regional cooperation, collective security and efforts to prevent further escalation, IRNA reports4 hours ago
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects4 hours ago
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged4 hours ago
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