Multiple Iranian newspapers across the political spectrum, including Kayhan, Shargh and Donya-ye Eghtesad, report that the Muscat talks between Iran and Oman have collapsed, leaving Iran in a precarious economic situation that could exacerbate inflation, shortages and currency instability. The breakdown has increased pressure on President Masoud Pezeshkian, with market odds of his departure by year-end rising to 12%. The probability of US-Iran diplomatic talks by September 30 has also decreased to 7.5%, reflecting skepticism about near-term diplomatic progress.
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