Pakistani diplomatic sources reported no arrival of an Iranian delegation in Islamabad, contradicting expectations of high-level talks, according to Al Mayadeen. This signals potential delays in bilateral coordination, likely affecting regional risk pricing and cross-border energy initiatives. The absence of diplomatic progress weighs on sentiment for frontier assets, particularly Iranian-linked trade and energy projects with Pakistani involvement. Markets most exposed include Pakistan’s power and infrastructure sectors, where Iranian cooperation has been intermittently priced into asset valuations. Traders will watch for official statements from Tehran or Islamabad on renewed diplomatic scheduling as a near-term catalyst.
PAKISTANI DIPLOMATIC SOURCES: NO SIGN OF IRANIAN DELEGATION IN ISLAMABAD - AL MAYADEEN
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