Iran FM: Qatar, Pakistan relay messages, no formal US-Iran talks

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Iran’s Foreign Minister Seyed Abbas Aragchi stated that Qatar and Pakistan are merely serving as intermediaries for message transmission between Iran and other parties, without this constituting formal negotiations, as reported by the Iranian news agency ISNA. Markets interpret these remarks as reducing the likelihood of imminent diplomatic talks between the United States and Iran. Prediction market data shows the probability of a diplomatic meeting between the two countries by August 31 dropped from 14% to 9.5% in a single day. Indirect mediation efforts are ongoing, but direct negotiations have yet to materialize.

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