Iran Says It Continues Exchanging Messages With US via Mediators

The significance lies less in the fact of contact than in its persistence: a mediated channel surviving heightened regional tension suggests both sides still see value in keeping a line open, even without public detail on substance. For energy and shipping markets, which price Middle East risk, the mere existence of talks can temper escalation premiums without resolving anything. Whether the exchanges produce anything concrete, or remain a pressure-management mechanism, is the open question worth watching.