Donald Trump announced on Friday a pause in U.S. military strikes against Iran, responding to requests from Middle Eastern countries seeking another opportunity for diplomatic negotiations. This decision comes amid rising tensions between the two countries, marked by military exchanges over recent weeks. Regional mediators including Qatar, Oman, and Pakistan are working toward de-escalation. Market participants now see an increased likelihood of U.S.-Iran diplomatic talks taking place in the United Arab Emirates by September 30, 2026, with pricing reflecting a favorable scenario as high as 26.2%.
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