Geopolitical tensions drive market volatility as conflicting signals emerge from U.S.-Iran negotiations. Iran's foreign minister says a ceasefire proposal is under review while state media simultaneously rejected American terms, creating confusion that has cost investors billions. G7 foreign ministers meeting in France aim to find de-escalation paths, but underlying tensions between European nations and NATO complicate consensus. Stock futures show muted movement as traders struggle to price competing scenarios of diplomatic resolution versus continued energy disruption. The Strait of Hormuz control remains a sticking point in negotiations. Markets face continued whipsaw trading until clarity emerges on whether meaningful talks will proceed.
