Each day, President Trump is presented with options for ending the war with Iran, according to NBC citing sources, and he hasn't taken any so far.

• The off-ramps are a standard part of war planning, which also includes possibilities for escalation if the White House decides to increase the pressure on Iran.
• Timeline for duration of the war could change every day.

The report suggests a lack of immediate resolution to the conflict with Iran, as President Trump has yet to take options off the table. This uncertainty can contribute to volatility across various asset classes, particularly oil and safe-haven currencies, as markets may react to developments in geopolitical tensions. Additionally, the potential for escalation could weigh on risk sentiment, influencing equities and commodities like gold and crude oil.