US Vice President JD Vance has signaled significant progress in diplomatic efforts with Iran, stating that recent high-level talks in Switzerland have established a "very good foundation" for a final agreement to end the conflict in the Middle East.
The remarks follow the conclusion of the first round of direct negotiations between Washington and Tehran.
Mediators from Pakistan and Qatar previously confirmed that both nations agreed on a roadmap toward a comprehensive peace deal, marking a tangible step forward in de-escalating regional tensions.
For markets, the development serves as a counterweight to persistent geopolitical risk premiums.
While no specific price moves were immediately attributed to the comments in this session, the trajectory toward a finalized agreement reduces the probability of supply disruptions in key energy corridors.
Investors have been closely monitoring these diplomatic channels for signs of stability that could support risk assets and calm volatility in energy and shipping sectors.