Trump: There's a Great Opportunity with Iran
US President Donald Trump said Washington and Tehran are in talks. He made the statement to reporters while aboard Air Force One.
When asked about the limits of his patience with Iran, Trump said he still has plenty of time. This comment signals that the US is not rushing to take further military action.
Trump also said the ongoing talks are going well. He said there's a great opportunity for positive developments from the communication between the two countries.
This statement came after the US and Iran halted attacks for several days. The pause in the conflict has opened up space for diplomatic efforts to reduce tensions in the Middle East.
However, there are no details yet regarding the content of the talks or the form of the agreement being discussed. The market is still waiting for evidence that dialogue can produce a more lasting end to the conflict.
Hopes of a deal could potentially depress oil prices and demand for the dollar as a safe haven asset. Meanwhile, stocks could find support, although the market remains sensitive to developments in US-Iran relations. (arl)
Source: Newsmaker.id