Iran’s Parliament Speaker and chief negotiator, Mohammad Bagher Ghalibaf, said Tehran won’t enter talks “under the shadow of U.S. threats”—keeping geopolitical risk elevated for markets.
State media reinforced a hardline stance, but a The Wall Street Journal report suggested Iran may still send a delegation to Pakistan this week, hinting at possible backdoor diplomacy.
For forex and risk assets, the mixed signals are key: uncertainty around whether U.S.–Iran talks resume before Wednesday’s ceasefire expiry is likely to keep **oil volatile, USD supported, and safe-haven flows (like gold/JPY) bid.
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