GeopoliticsIMPORTANT
Iran's foreign minister's visit to Islamabad will take place soon; There is cautious optimism about achieving an opening in the negotiations with the US and Israel, IRIB reports, citing Al Arabiya sources
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Diplomatic efforts between the US, Israel, and Iran are gaining momentum, leading to cautious market optimism and a sharp decline in oil prices as Hormuz reopening talks progress.
News detail
There is a positive atmosphere regarding the cessation of military operations, as well as the arrangements for the full reopening of the Strait of Hormuz. Mediators need more time to reach a formal and imminent ceasefire declaration.
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