VANCE SET FOR IRAN TALKS TRIP TO PAKISTAN Vice President JD Vance is expected to leave Washington Tuesday for Pakistan to join U.S.–Iran talks, according to sources. A second round of negotiations is tentatively set for Wednesday in Islamabad, though timing remains uncertain

Vice President JD Vance is set to travel to Pakistan for a second round of U.S.–Iran talks, signaling continued diplomatic engagement between the two nations. The discussions are likely to influence regional risk premiums and geopolitical risk pricing, particularly in energy and emerging markets, as improved U.S.–Iran relations could ease sanctions and increase oil supply potential. Markets with exposure to Middle East geopolitical tensions—such as Brent crude, emerging market debt, and regional equities—are most sensitive to shifts in negotiation outcomes. A key catalyst to watch is the official statement expected from the U.S. State Department following the conclusion of the talks, which may clarify progress on sanctions relief or nuclear program limitations.

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