The United States and Iran have concluded their first round of direct negotiations with an agreement on a roadmap toward a final peace deal.
Mediators from Pakistan and Qatar confirmed the breakthrough, which also addresses conflict resolution in Lebanon.
The development marks a significant step in de-escalating tensions in the Middle East.
Markets are processing the diplomatic progress as a potential tailwind for risk sentiment.
The agreement on a concrete framework reduces the immediate threat of renewed hostilities, which had been weighing on energy and shipping markets.
Investors are likely to view the roadmap as a stabilizing factor, though the pace of implementation will remain a key variable.