Trump Claims Major Concessions from Iran
US President Donald Trump again signaled a positive outlook for the peace process with Iran. In a post on Truth Social on Tuesday (June 23), Trump claimed that Iran had "fully and completely" agreed to high-level, long-term nuclear inspections. According to Trump, the agreement is a crucial condition for talks between Washington and Tehran to continue.
Trump emphasized that if Iran does not agree to the inspections, there will be no further negotiations. He also stated that Iran has made several major concessions during the talks. Based on this, Trump stated that the United States has agreed to keep the Strait of Hormuz open and not continue its naval blockade of the strategic waterway.
This statement is of great concern because the Strait of Hormuz is one of the world's most important energy routes. It serves as the main exit point for oil and gas from the Persian Gulf to global markets. If Hormuz remains open, the risk of energy supply disruptions could decrease, potentially easing pressure on oil prices.
However, the market remains cautious as claims from Washington and Tehran are not yet fully aligned. Iran has previously stated that nuclear cooperation remains within the existing framework and has not publicly acknowledged any new obligations as Trump has claimed. This difference in interpretation makes the peace deal still appear fragile, despite signs of improving diplomacy.
For the global market, Trump's statement could provide positive sentiment for oil, as the possibility of the opening of Hormuz and the influx of Iranian supplies could pressure energy prices. However, the impact on gold could be mixed. If oil prices fall and inflation eases, pressure on the Fed to raise interest rates could ease. However, if the market perceives the deal as still unclear and at risk of failure, volatility could still increase, particularly in the US dollar, gold, and oil. (arl)
Source: Newsmaker.id
