TRUMP AND THE PM OF QATAR THAT TOOK PLACE AROUND NOON LASTED AROUND 45 MINUTES AND FOCUSED ON THE NEGOTIATIONS WITH IRAN, PER SOURCE FAMILIAR - AXIOS

A source familiar with the matter told Axios that a meeting between former President Trump and Qatar's Prime Minister took place around noon and lasted roughly 45 minutes, with the discussion focused on negotiations involving Iran. The headline does not disclose the substance of those negotiations, the parties' stated positions, or whether any agreement was reached, which limits how directly the report can be mapped to specific price moves. The main transmission channel for Iran-related diplomacy runs through geopolitical risk premia, where headlines suggesting de-escalation can compress oil prices and defense-sector valuations while easing demand for safe-haven assets such as gold and Treasuries. Crude oil and Gulf-linked equities are the most exposed, given Qatar's role as a major LNG exporter and Iran's influence over shipping through the Strait of Hormuz. Traders should watch for official readouts from Qatar's government or the U.S. administration, along with any movement in Brent crude futures and Gulf currency forward curves in the sessions immediately following the meeting.

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