U.S. President Donald Trump is set to meet with Gulf leaders in New York next week to discuss Iran and postwar strategies. The meeting comes amid a fragile post-ceasefire standoff between the U.S. and Iran, with the Strait of Hormuz remaining under blockade. Markets are interpreting this as a sign of potential diplomatic progress, with discussions possibly taking place next in the UAE. Despite these talks, the likelihood of a U.S.-Iran deal by 2026 remains low, with market pricing showing limited movement.
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