Trump to meet Gulf leaders in NY for Iran talks next week: Axios

U.S. President Donald Trump is set to meet with Gulf leaders in New York next week to discuss Iran and postwar strategies, as reported by Axios. This development comes amid a fragile post-ceasefire standoff between the U.S. and Iran, with the Strait of Hormuz remaining under blockade. The talks indicate continued high-level crisis management rather than a move towards normalization. Markets appear to interpret this as an indication of potential diplomatic progress, which may elevate the likelihood of a diplomatic meeting happening soon, possibly in the UAE. Key Takeaways The planned talks suggest a renewed focus on U.S.-Iran diplomacy, consistent with scenarios where peace talks occur soon. The meeting may indicate potential for diplomatic progress, as markets show some support for a UAE location for upcoming talks. Despite the scheduled talks, the likelihood of a U.S.-Iran deal by 2026 remains low, with market pricing showing limited movement. What to Watch Observers should monitor any official announcements from the White House or Iranian Foreign Ministry regarding the venue and timing of the next peace talks. A confirmation from either side could significantly impact market perc...