White House Press Secretary says diplomacy will focus of talks with Iran, Trump wants to see if a deal can be struck

White House Press Secretary says diplomacy will focus of talks with Iran, Trump wants to see if a deal can be struck.

The White House's emphasis on diplomacy with Iran marks a potential shift in U.S. foreign policy that could affect various global markets. If a deal is reached, it could ease tensions, impacting oil prices and the creditworthiness of related nations, while also influencing forex markets, particularly the USD and JPY. Traders should be cautious about volatility in energy markets and potential shifts in risk sentiment across equities, as diplomatic outcomes could create both upward and downward pressures depending on their nature.