The United States and Iran have completed the first round of indirect peace negotiations in Switzerland, marking a significant diplomatic development amid ongoing regional volatility.
The talks, which began on Sunday, were led by US Vice President James David Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf.
Both sides engaged in lengthy discussions aimed at establishing a framework for the permanent end of hostilities between the two nations.
This diplomatic engagement represents a tangible step toward reducing geopolitical friction in the Middle East.
For markets, the conclusion of the initial round provides a signal that high-level dialogue is active, potentially lowering the immediate risk of escalation.
However, investors are likely to remain cautious until specific terms or a timeline for subsequent rounds are disclosed.