Iran War

Conflicting signals on backchannel negotiations rattle markets as diplomacy and escalation collide in the Gulf.

Memphis speech outlines U.S. strategy: overwhelming force paired with coercive diplomacy to force Tehran into negotiations.

ADNOC chief warns global energy security at risk as tanker traffic halts through key oil chokepoint.

Islamabad steps in as potential mediator as Trump signals progress—while Tehran denies negotiations are underway.

President doubles down on talks via Kushner and Witkoff; oil tumbles, stocks rally as markets price in potential breakthrough

Precious metals recover from sharp losses as de-escalation hopes trigger a shift from safe havens to equities.

Tehran calls U.S. announcement “psychological warfare” to lower oil prices and buy time; insists no direct or indirect contact occurred

Markets rally on de-escalation hopes; oil plunges 7-8%, lifting cyclicals while energy stocks lag

Brent drops to $105, WTI to $92 amid de-escalation hopes; Goldman hikes forecasts to $110+ if Hormuz remains choked

US-Iran discussions yield breakthrough; military action deferred as negotiations continue this week