US President Donald Trump announced that negotiations with Iran have reached the “final stage.”
Speaking to the press, Trump said, “We’ll see what happens,” adding that the only question now regarding Iran is “whether the process will be completed militarily or whether Iran will sign the agreement.” Trump also said, “We may have to hit Iran harder, but maybe we won’t.”
Trump argued that further conflict could erupt in the region if Iran did not agree to the deal, saying, “If Iran doesn’t act wisely, there will be more wars.”
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Statements from the Iranian side have attracted attention. An Iranian official announced that 26 oil tankers and commercial vessels passing through the Strait of Hormuz did so safely under the supervision of the Iranian Revolutionary Guard Corps (IRGC). The official stated that maritime traffic is being maintained under the coordination of the IRGC, and that Gulf security is a “red line” for Iran. The statement comes at a time when global energy markets are closely monitoring potential risks in the Strait of Hormuz.
The strengthening possibility of a deal between the US and Iran has also had an impact on financial markets. Purchases of US Treasury bonds accelerated, causing bond yields to fall by approximately 10 basis points. The expectation that inflationary pressures may ease as concerns about oil prices subsided also weakened the dollar. Furthermore, expectations of further Fed interest rate hikes also declined in the markets.
*This is not investment advice.
