Iran, Gulf foreign ministers to meet in Oman Monday to seek interim deal to reopen Strait of Hormuz shipping: FT

Planned talks between Iran and Gulf foreign ministers to pursue a temporary deal to reopen shipping through the Strait of Hormuz reduce tail-risk around a critical energy chokepoint. Any credible path to resumed transit would ease near-term supply and insurance concerns embedded in crude risk premia, potentially lowering volatility across energy markets and improving broader risk sentiment tied to inflation and growth expectations.