US President Trump, on Iran, says we are making a lot of progress; Not sure ceasefire needs to be extended

President Trump's comments suggest significant progress in negotiations with Iran regarding their nuclear program, which, if successful, could lead to lower oil prices and inflation.

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US President Trump, on Iran, says we are making a lot of progress; Not sure ceasefire needs to be extended

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  • Iran is willing to do things today they previously weren't.
  • US blockade of Strait of Hormuz is holding up well.
  • Next meeting with Iran may take place over the weekend. 
  • Looking very good that we'll make a deal with Iran. 
  • If there is no deal with Iran, fighting will resume.
  • We have a very powerful statement that Iran will not have nuclear weapons; goes beyond 20 years.
  • Iran's agreed that they will not have a nuclear weapon.
  • We have a lot of agreement with Iran.
  • Iran has agreed to give us back the nuclear dust. 
  • Thinks we have a fairly successful negotiation going on.
  • Would extend ceasefire if I have to. 
  • Have a very good relationship with Iran right now.
  • If a deal happens, oil price goes down, prices go down and inflation goes down.
  • Iran has agreed to almost everything. 
  • If Iran deal is signed in Islamabad, I might go. 

Israel Lebanon

  • Israel Lebanon ceasefire will include Hezbollah.
  • Thinks we are going to have a deal.
  • Leaders could meet at WH over next week or two.
  • Going to see if we can make peace.

Economy

  • Gas prices are not very high.
  • Stock market is up.
  • Oil prices are about half of what was expected.

Ukraine/Russia

  • Ukraine is moving along.

China

  • Have a special relationship with China President Xi.
  • Looks forward to being in China.

NATO

  • NATO was not there for us.
  • Not happy with Australia.
  • Europeans should be buying more more gas and oil from us. 
Context

The potential for an agreement points to a shift in regional dynamics that may stabilize energy markets. This development is crucial for traders to monitor, as it could influence USD, oil prices, and overall market sentiment.

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