U.S.-Iran peace talks are reportedly back on today, with hopes for a near-term deal that could reopen the Strait of Hormuz and reduce geopolitical risk to global energy flows. A breakthrough would be supportive for shipping and oil market stability, while continued progress toward Iran giving up its uranium-enrichment program would lower tail-risk around supply disruptions.
U.S.-Iran peace talks are reportedly back on today, with hopes for a near-term deal that could reopen the Strait of Hormuz and reduce geopolitical risk to global energy flows. A breakthrough would be supportive for shipping and oil market stability, while continued progress toward Iran giving up its uranium-enrichment program would lower tail-risk around supply disruptions.
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