The United States and Iran may hold peace talks, leading to a rapid decline in oil prices (Golden Ten Data APP) Odaily Planet Daily reported that a Pakistani government source said that Iranian Foreign Minister Alaghchi is expected to lead a small delegation to Islamabad on Friday night, and negotiations with the United States are likely to take place, causing oil prices to rapidly decline. Tamas Varga of oil brokerage firm PVM stated that although the fundamental background remains favorable, traders are closing their long positions ahead of the highly unpredictable weekend and will readjust their positions on Sunday evening based on the development of the situation in Iran. Haitong Futures stated in a report that if there is still no progress in negotiations and fighting resumes by the end of April, oil prices may climb to a new high this year. Susanna Street, Chief Investment Strategist of Wealth Club, a UK investment services company, stated that the region will face new economic pain in the future due to the continued disruption of critical transportation. This will keep the prices of a large number of commodities at high levels. (Golden Ten)