United States (US) Secretary of State Marco Rubio said on Friday that they would all love to see an agreement with Iran, per Reuters.
"There needs to be a plan B if Iran refuses to reopen the Strait of Hormuz," Rubio added and noted that there was no concrete ask of NATO help on the strait.
Meanwhile, citing a source with knowledge of the matter, Reuters reported that Qatar has sent a negotiating team to Tehran, in coordination with the US to help secure a deal to end the war.
Market reaction
Wall Street's main indexes are up between 0.5% and 0.7% on the day, while the US Dollar (USD) Index holds steady above 99.20 following these headlines.
Disclaimer: The content available on Mitrade Insights is provided for informational and marketing purposes only. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research
Nothing in this material constitutes investment advice, personal recommendation, investment research, an offer, or a solicitation to buy or sell any financial instrument. The content has been prepared without consideration of your individual investment objectives, financial situation, or needs, and should not be treated as such.
Past performance is not a reliable indicator of future performance and/or results. Forward-looking scenarios or forecasts are not a guarantee of future performance. Actual results may differ materially from those anticipated.
Mitrade makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss arising from reliance on such information.