U.S. Secretary of State Marco Rubio began a critical diplomatic tour of the Gulf on Wednesday, holding talks with top United Arab Emirates officials in Abu Dhabi.
The visit marks a key phase in Washington’s effort to secure regional backing for a proposed Iran peace deal, even as Gulf Arab leaders remain skeptical of the terms and seek clearer answers on security guarantees.
Brent crude ticked up in the session, reflecting persistent risk premiums tied to Middle East shipping routes.
Traders are closely watching whether Rubio’s engagement with the UAE, Kuwait, and Bahrain can de-escalate tensions that have kept energy markets on edge.
The price action suggests investors are cautious, balancing hopes for a diplomatic breakthrough against the reality of ongoing geopolitical friction.
The tour comes amid significant resistance from Gulf partners, who have signaled they will not endorse any agreement that does not address their core security concerns.