Delegations from the United States and Iran have arrived to begin peace negotiations, marking a critical step in formalizing the ceasefire agreement that recently ended active hostilities between the two nations.

The talks aim to translate the mutual understanding reached late Sunday into a durable diplomatic framework, with Pakistan having played a key mediating role in the breakthrough.

The arrival of the delegations signals a shift from military de-escalation to political resolution.

While the immediate cessation of fighting has already reduced acute security threats in the region, the success of these negotiations will determine the long-term stability of the Middle East.

Market participants are closely monitoring the proceedings for signs of a comprehensive deal that could further lower the geopolitical risk premium embedded in global energy prices.

This development follows the confirmation of a ceasefire agreement that brought an end to direct military confrontation.