US-Iran peace talksIn a recent statement, Iran’s Gharibabadi indicated that Tehran is not prioritizing direct negotiations with the United States, instead opting to observe developments through Oman. These changes suggest that Gharibabadi’s statement has contributed to a dampened outlook for imminent direct talks or agreements between the US and Iran. Key TakeawaysGharibabadi’s comments suggest a lack of focus on direct negotiations with the US, highlighting Oman’s role as a mediator. Market pricing indicates a reduced likelihood of US-Iran diplomatic meetings by July 31, with odds now at 3%. Developments from Oman could provide insights into whether indirect talks might progress toward more formal negotiations.