Summary
- Iran told the US through Pakistan that it would not attend talks scheduled for Wednesday, adding to negotiation uncertainty.
- Wide differences over the nuclear issue, sanctions and control of the Strait of Hormuz mean disruption to the schedule for a second round of talks is unavoidable.
- Markets are focused on whether a delay in the talks could prolong tensions in the Middle East and drive greater volatility in energy markets, making whether negotiations resume the key variable.
Forecast Trend Report by Period
Iran has told the US through Pakistan that it will not attend talks scheduled for Wednesday, according to a report, adding to uncertainty over the negotiations.
Walter Bloomberg reported on April 21 that Iran had informed the US, via Pakistan, that it would not take part in the meeting set for Wednesday.
Iran had sent mixed signals until recently over whether it would join the talks, but appears to have settled on not attending.
The decision is set to disrupt scheduling for a second round of negotiations. Differences remain wide over the nuclear issue, sanctions and control of the Strait of Hormuz.
Markets are watching whether a delay in the talks will prolong tensions in the Middle East and increase volatility in energy markets. Whether negotiations resume remains the key variable.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
