US-Iran war talks advance as regional uncertainty persists

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The conflict and uncertain diplomacy are driving major global market moves: oil prices fell sharply as hopes for de-escalation grew, while stock indexes recovered from recent lows. Trump was expected to meet Qatar’s prime minister, a key mediator, as Washington and Tehran pursue negotiations. The situation remains highly volatile because continued attacks on shipping and the difficulty of reaching a political agreement could quickly reverse the market reaction and intensify regional tensions.

Sources: Reuters