US officials are sceptical of either Iran's or the US' willingness to off-ramp in the short term, relating to Iran's Intelligence Ministry reportedly reaching out to the CIA indirectly a day after the conflict started with an offer to discuss terms, NYT

• Operatives from Iran’s Ministry of Intelligence reached out indirectly to the CIA a day after the conflict began, with an offer to discuss terms for ending the conflict, New York Times reports citing sources.
• US officials are reportedly sceptical that either the Trump administration or Iran is ready for an off-ramp in the short term at least.

The skepticism surrounding the willingness of both Iran and the U.S. to de-escalate tensions suggests that the conflict is likely to persist in the near term. This uncertainty can lead to increased volatility in related markets, particularly oil and forex, as traders adjust their positions based on the geopolitical landscape's evolving dynamics.