On Sunday, diplomatic talks between the United States and Iran took place in Bürgenstock, Switzerland, drawing delegations from Iran, the United States, Qatar, and Pakistan, according to FX Street.
The discussions mark a rare direct engagement between the US and Iran, with regional players Qatar and Pakistan also involved in the process. This gathering reflects ongoing efforts to address tensions through dialogue.
For Japanese markets, such developments in Middle East diplomacy could influence oil prices and risk sentiment, factors closely watched by investors in FX and equities sectors.