Trump expects U.S.-Iran talks to resume this week.
That would be a pretty big development for markets, especially with oil prices already surging because of the situation around the Strait of Hormuz.
Iran has rejected the latest U.S. proposal to reopen the Strait and restart nuclear negotiations, but Qatar and other mediators are still trying to bridge the gap.
If talks actually restart, I’d be watching oil very closely.
Any meaningful de-escalation could take some pressure off energy markets and give risk assets some room to breathe.
But there’s still a lot that needs to happen before we get there.$BTC $ETH $ZEC
That would be a pretty big development for markets, especially with oil prices already surging because of the situation around the Strait of Hormuz.
Iran has rejected the latest U.S. proposal to reopen the Strait and restart nuclear negotiations, but Qatar and other mediators are still trying to bridge the gap.
If talks actually restart, I’d be watching oil very closely.
Any meaningful de-escalation could take some pressure off energy markets and give risk assets some room to breathe.
But there’s still a lot that needs to happen before we get there.$BTC $ETH $ZEC
