Negotiations between the United States and Iran have moved from high-level discussions to detailed working-level talks in Switzerland, following reports of significant breakthroughs.

The shift marks a tangible step forward in diplomatic efforts to de-escalate tensions in the region, with officials signaling that technical teams are now engaged in substantive dialogue.

The development follows earlier statements from Iranian Foreign Minister Seyed Abbas Araghchi, who declared that technical negotiations had achieved "major progress" toward resolving the conflict in Lebanon.

The transition to working-level consultations suggests that both sides are moving beyond framework agreements to address specific operational and security concerns.

Markets have responded positively to the diplomatic momentum, with oil prices retreating as the risk of supply disruption diminishes.

The Dax previously broke through the 25,000 mark on a relief rally, reflecting investor confidence that the geopolitical premium is unwinding.