US President Trump is reportedly willing to Iran give another three to five days of ceasefire, Axios reports citing sources; "It certainly looks like Trump doesn't want to use military force anymore and has made a decision to end the war,"

The news suggests a potential de-escalation in US-Iran tensions, as Trump appears to favor diplomatic avenues over military action. This could have significant implications for energy markets, particularly crude oil and gold, as reduced conflict risks generally support risk assets while weighing on safe-havens. Traders should watch for further developments and reactions from both markets and key players involved.