Key insights
- Turkey is urging Iran to avoid escalating conflict in the Middle East, conveying concerns to both Iran and the US. While acknowledging Israel's role, Turkey emphasizes Iran's responsibility to prevent regional attacks. This geopolitical tension introduces uncertainty and risk aversion, potentially leading to a moderate negative impact on US equities as investors monitor the situation's development.
Investing.com -- Turkey’s Foreign Minister Hakan Fidan said today that Ankara is conveying "friendly" advice to Iran to prevent the spread of its war with the United States and Israel across the Middle East region.
Speaking in Doha on Thursday, Fidan stated that Iran’s attacks on regional countries are unacceptable. While acknowledging Israel as the main perpetrator of the war, he emphasized that Tehran bears a "historic responsibility" not to attack countries in the region.
Fidan said Turkey is maintaining contact with both Washington and Tehran to understand their positions on the conflict. He added that Ankara’s efforts to bring an end to the war will continue.
The Turkish Foreign Minister revealed that the sole agenda item at talks held in Riyadh on Wednesday was focused on preventing Iran’s attacks on regional countries.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.