The US-Iran negotiations ended without results, and the trust crisis has escalated! What will happen next to the market? The US-Iran negotiations have concluded again, but no agreement was reached. This time, both sides have once again fallen into a trust crisis, with progress moving slowly. After the talks failed, Vice President Vance left Pakistan, and the Iranian delegation will also leave on the 12th; the timing of the next round of negotiations has not yet been determined. Key information: The speaker of Iran’s parliament said that Iran put forward forward-looking initiatives, but the United States failed to gain trust in the negotiations. “The United States has understood Iran’s logic and principles, but whether it can win our trust is now the U.S.’s choice.”