Tehran has made its participation in new talks with Washington in Islamabad conditional on lifting the US naval blockade, via Mehr News

Context

Tehran's condition for participating in talks with Washington underscores escalating tensions and the fragility of diplomatic relations. The demand to lift the US naval blockade may signal Iran's negotiation strategy and could influence regional risk perceptions, particularly for assets like oil and gold. Investors should monitor how this situation evolves, as it may impact broader market sentiment and safe-haven flows.

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