Trump claims final points of a potential Iran deal are approved, but Iranian officials deny agreement, keeping markets cautious.
US President Trump stated that final points of a proposed Iran deal have been approved by all parties, with a signing expected shortly. The announcement follows the cancellation of planned military strikes after Iran downed a US drone near the Strait of Hormuz, a critical oil shipping route.
This marks the 40th instance Trump has suggested a deal is near, though past claims have failed to materialize. Israeli sources indicated Prime Minister Netanyahu was surprised by the announcement, while Iranian media reported Supreme Leader Khamenei has not agreed to the proposal. Iran reaffirmed its closure of the Strait of Hormuz and vowed a decisive response to US actions.
Markets reacted cautiously, with traders awaiting concrete details. Analysts note any agreement would likely serve as a framework, with nuclear arrangements to be negotiated over the next 60 days, leaving room for further disruptions.