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Officials from Saudi Arabia, Turkey, and Pakistan Hold Talks in Iran

Senior officials from Saudi Arabia, Turkey, and Pakistan met in Iran on Monday for diplomatic talks. The discussions were aimed at averting renewed fighting across the Middle East. Saudi Defence Minister Prince Khalid bin Salman took part in the diplomatic push. Following the meeting, Tehran described the talks as "very good." These efforts took place after Washington, Tehran, and Israel issued warnings regarding renewed hostilities.

📊 What it means for markets

Diplomatic efforts to prevent escalation in the Middle East often ease supply concerns in oil markets. Safe-haven assets like gold and the US dollar may see reduced demand if tensions de-escalate.

Source: France 24

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