Iran's Foreign Ministry spokesperson indicated that expectations for rapid progress in negotiations with the U.S. are unrealistic. This statement reflects a deterioration in diplomatic relations, which could affect geopolitical stability in the region. The primary market transmission mechanism is risk appetite, as uncertainty surrounding these talks may lead to increased volatility in oil prices and regional equities. Iranian assets, particularly oil exports and related markets, are most exposed due to their sensitivity to geopolitical tensions. Traders will be closely watching any upcoming statements or developments from the U.S. regarding sanctions or negotiations, which could further influence market sentiment.
IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS IT IS NOT REALISTIC TO EXPECT QUICK RESULTS FROM TALKS WITH U.S. - IRAN'S IRNA
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