The chances of the US and Iran reaching a deal before Trump’s 20:00 EDT deadline today are low, via MS NOW citing diplomats. They said that the two sides remain far apart in the talks.

The low chances of a US-Iran deal before the deadline indicates ongoing tensions and a lack of progress in negotiations. This uncertainty could weigh on risk sentiment and likely strengthens defensive asset positions such as gold, while leaving the oil market vulnerable to supply concerns should hostilities escalate. Traders should monitor the broader implications for currency and commodity flows, especially within the energy sector.