US President Trump's son-in-law Kushner is also expected to travel to Cairo next week for talks with Egyptian, Qatari and Turkish mediators. according to a source familiar cited by Axios's is Ravid

Envoy travel of this kind fits the recurring pattern of shuttle diplomacy around Middle East ceasefire and hostage negotiations, where rounds of proximity talks through Egyptian, Qatari and Turkish intermediaries have historically produced long stretches of incremental progress punctuated by headline-driven risk swings. Kushner's involvement carries specific form: he was a principal in prior administration regional diplomacy, and his presence alongside official channels signals the talks are being treated as a priority rather than a formality, though family-channel diplomacy has in the past run parallel to, and sometimes ahead of, formal State Department tracks. The transmission channel for markets in comparable episodes has run primarily through crude, via the perceived probability of supply disruption in the Gulf and Red Sea shipping insurance and freight costs, with gold and the yen bid on escalation headlines and offered on de-escalation. The distinction that matters for pricing is between talks that produce a framework and talks that collapse into recrimination: the former has tended to bleed the geopolitical premium out of Brent gradually, the latter to reprice it abruptly. Worth watching are readouts from the mediators themselves, any concurrent movement in shipping rates, and whether the talks expand to include the parties directly rather than through proxies.