The United States and Iran have concluded high-level negotiations in Switzerland, agreeing on a roadmap for peace and cooperation to be implemented within 60 days, according to mediators.
The development marks a significant shift from earlier rounds of talks, which ended without a final agreement.
Mediators confirmed the new framework early Monday, signaling a move toward structured de-escalation rather than immediate resolution.
For markets, the agreement introduces a tangible timeline for reduced geopolitical tension in the Middle East.
The risk premium embedded in energy prices, particularly Brent crude, has been sustained by fears of prolonged conflict and shipping disruptions.
A credible 60-day roadmap could lead to a gradual unwinding of this premium as investors price in a lower probability of acute supply shocks.