US envoy Witkoff and Iranian Foreign Minister Araghchi to meet on Friday in Istanbul to discuss a possible nuclear deal, according to Axios

The scheduled meeting between US envoy Witkoff and Iranian Foreign Minister Araghchi suggests potential movement on nuclear negotiations, which could impact geopolitical stability.

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If progress is made, it could reduce tensions in the region, influencing asset classes like oil and safe havens. However, until substantive outcomes are revealed, this remains a cautionary note rather than a decisive shift.

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