US and Arab officials say mediators from Turkey, Egypt and Pakistan are pushing to have a meeting arranged between US and Iran in the next 48 hours, but both sides remain far apart, according to WSJ

The news suggests a potential diplomatic effort aimed at easing tensions between the US and Iran, but highlights that significant differences persist between the two parties. Should a meeting materialize, it could impact market sentiments, particularly in energy prices and the Forex markets given the historical volatility around US-Iran relations. Traders should keep an eye on commodities, especially oil and gold, as they often respond to geopolitical developments.