PAKISTAN URGES U.S. AND IRAN TO CONSIDER EXTENDING TEMPORARY CEASE-FIRE - WSJ Mohammad Ishaq Dar urged the U.S.

Pakistan's foreign minister, Mohammad Ishaq Dar, called for an extension of the temporary cease-fire between the U.S. and Iran, highlighting diplomatic efforts amid ongoing regional tensions. The appeal supports risk-on sentiment by reducing the immediate threat of supply-side disruptions in the Strait of Hormuz, a critical oil transit chokepoint. Energy markets, particularly Brent crude, and emerging market equities with regional exposure are sensitive to de-escalation signals, as prolonged stability would ease insurance and freight costs. Iranian asset proxies, including frontier market debt and energy-linked currencies, may see improved investor risk appetite if talks progress. Traders will watch for any official response from Washington or Tehran, as well as upcoming EIA and OPEC+ supply reports that could confirm or counterbalance geopolitical risk pricing.

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