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Turkish President Recep Tayyip Erdogan told US President Donald Trump in a phone call that Washington and Tehran should resolve their tensions through diplomacy. The readout, relayed via First Squawk, gave no further detail on timing, participants or specific commitments. The call signals Ankara’s push to position itself as a mediator between the US and Iran as friction between the two sides persists. Traders will watch for follow-up statements from the White House or Iranian officials, and for any concrete diplomatic steps, as a de-escalation signal that could ease risk sentiment across markets.

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Recep Tayyip Erdogan, Donald Trump, Washington, Tehran