Qatar Says US-Iran Talks Still Underway

The signal here is process, not substance: a mediator confirming that channels remain open matters for regional risk pricing precisely because the alternative is a breakdown with no communication. For energy and broader risk assets, the relevant read-through is that de-escalation potential stays live, but the absence of any terms or timeline means markets have little to anchor on. Whether the talks translate into something concrete, and whether Qatar's role expands beyond facilitation, is the open question worth tracking.