Iran’s Foreign Minister Abbas Araghchi has described the latest round of negotiations with the United States in Switzerland as yielding "encouraging progress," marking a tangible shift in the diplomatic posture between the two nations.

Speaking late Sunday, Araghchi characterized the atmosphere as "positive and constructive," suggesting that the talks have moved beyond preliminary positioning toward substantive engagement.

The comments follow a series of reports indicating that the negotiations have reached a stage of significant momentum, potentially serving as a turning point in the long-standing standoff.

While no specific terms were disclosed, the tone from Tehran contrasts with previous periods of heightened rhetoric, signaling a willingness to de-escalate tensions through direct dialogue.

For markets, the development carries immediate implications for risk sentiment in the Middle East.

Investors have closely monitored the diplomatic channel as a key variable in the pricing of geopolitical risk, particularly for energy commodities and shipping routes in the region.