Trump: I canceled Witkoff and Kushner's Pakistan trip for Iran talks - Fox News

Former President Donald Trump stated he canceled a planned diplomatic trip by associates Witkoff and Kushner to Pakistan due to ongoing Iran talks, signaling a shift in informal foreign policy engagement. This intervention highlights how geopolitical risk is being influenced by unorthodox diplomatic channels, with potential implications for regional stability and U.S.-aligned strategic coordination. The cancellation may affect risk appetite in emerging markets linked to South and West Asia, particularly impacting sovereign debt and currency positions in Pakistan amid heightened uncertainty. Iran-related energy and sanctions markets are also sensitive, as shifts in backchannel diplomacy could alter expectations for oil supply disruptions or easing of sanctions. Traders will watch upcoming U.S. Treasury sanctions enforcement updates and Iranian crude export flows via the Strait of Hormuz for early signs of policy momentum.

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