Iran’s Foreign Minister: Qatar, Pakistan Relay Messages, Not Formal Talks With US

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Iran’s Foreign Minister: Qatar, Pakistan Relay Messages, Not Formal Talks With US
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Iran's Foreign Minister, Seyed Abbas Aragchi, says Qatar and Pakistan are only relaying messages between Tehran and other parties, not hosting formal negotiations. Prediction markets have cut the odds of a scheduled US-Iran meeting by August 31 to 9.5%, down from 14% a day earlier.

Iran's Foreign Minister, Seyed Abbas Aragchi, said Qatar and Pakistan are relaying messages between Tehran and other parties but that this does not constitute negotiations, according to Iran's ISNA news agency. The clarification comes as the two countries continue mediating amid ongoing tension between the United States and Iran, with direct talks between Washington and Tehran still absent.

Markets appear to interpret Aragchi's statement as consistent with a reduced likelihood of imminent diplomatic meetings. The odds of a formal US-Iran meeting by August 31 fell to 9.5%, down from 14% a day earlier.

Indirect mediation through Qatar and Pakistan continues, but markets interpret it as less supportive of immediate formal negotiations.

Source: Crypto Briefing

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