Pakistani officials confirmed they facilitated communication between the U.S. and Iran but provided no timeline for when direct talks might occur. The absence of a concrete schedule limits near-term impact on risk pricing, though the mere possibility of dialogue supports modest easing in geopolitical risk premiums embedded in energy markets. Iranian sanctions relief expectations remain on hold, keeping Iranian oil supply re-entry assumptions out of near-term crude balances. This delays potential downward pressure on regional risk premia in Middle Eastern sovereign bonds and energy-linked currencies. Traders will watch the next OPEC+ meeting and U.S. Treasury sanctions enforcement data for early signals of supply normalization.
PAKISTAN OFFICIALS DIDN'T SAY WHEN US-IRAN TALKS WILL HAPPEN
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