Nuclear discussions remain scheduled for the coming days after both nations de-escalated following reciprocal military strikes over the weekend.
US and Iranian technical teams are set to meet in Doha in the coming days to advance a memorandum of understanding, despite recent hostilities. The talks follow a weekend of escalation, including Iran’s attack on a commercial vessel and US airstrikes in response, as well as Iranian drone and missile strikes on US assets in the Gulf region.
Both sides agreed to de-escalate late Sunday, allowing negotiations to proceed. The discussions will focus on nuclear issues over the next 60 days, though significant disagreements remain. Previous rounds of talks have stalled amid broader geopolitical tensions.
Markets have shown muted reaction to the developments, with energy and defense sectors monitoring risks in the Strait of Hormuz.