US official says there is "continued engagement" with Iran on and forward motion on trying to get to an agreement, Axios reports
The statement about "continued engagement" with Iran indicates a potential thaw in relations, which could impact various asset classes.
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US official says there is "continued engagement" with Iran on and forward motion on trying to get to an agreement, Axios reports
Negotiations with Iran are ongoing with the aim of reaching an agreement, Israeli Channel 12 reports citing American officials
The US proposed that Iran accept a 20-year moratorium on uranium enrichment during negotiations in Islamabad over the weekend, according Axios, citing sources
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This development may alleviate some geopolitical tensions, particularly in energy markets, thereby influencing oil and natural gas prices, and have a broader effect on currencies tied to these commodities. Traders should monitor market reactions closely as any positive progress could lead to a more stable risk environment.
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