US and Iran discussing another round of face-to-face talks to secure longer-term ceasefire after Islamabad negotiations ended without a deal, while officials aim to meet again before two-week ceasefire expires next week, according to Clash report

The renewed talks between the US and Iran following the unsuccessful Islamabad negotiations signal a potential for increased stability, which may impact oil prices and safe-haven currencies like the USD and JPY. Should a definitive agreement emerge before the ceasefire expires, expect positive market sentiment that could elevate risk assets while putting downward pressure on gold and commodities traditionally seen as safe havens. The implications for energy markets could be significant, particularly around WTI prices and regional geopolitical dynamics.