Israeli media reports US President Trump may announce a ceasefire with Iran by next Saturday even without reaching a final agreement

Context

The potential announcement of a ceasefire with Iran by President Trump could signal a significant geopolitical shift, even if a final agreement isn't in place. This move is likely to impact oil prices, with WTI and Brent crude possibly reacting negatively as tensions ease, while currencies like the USD may also find some stability against others. Investors should watch for volatility in equities and commodities depending on market sentiment around the announcement's credibility.

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