US President Trump says Vance has done a good job on Iran and have been called by the other side and they want to make a deal very badly
- Iran talks sticking point was over nuclear.
- Will get nuclear material back.
- If Iran doesn't agree to no nuclear weapons, no deal.
- Can't let Iran blackmail the world.
- Iran cannot blackmail or extort the world.
- Many ships heading to US to load up oil.
- Called this morning by Iran, they want a deal.
- Could resolve Iran conflict before tankers get to the US.
- Other countries offered to help.
- Blockade started at 10am EDT, as previously touted.
- Called this morning by right people on Iran.
- On countries that will help with the Hormuz, details tomorrow.
- Iran timetable hasn't changed and no fighting now.
- Now Iran is doing no business, will keep it that way.
- Has a good relationship with China.
- On China's Xi, says he wants to see Iran issue ended.
- US has great capacity to take care of oil business.
- We'll see with Cuba.
- May stop by Cuba after finished with Iran.
Context
President Trump's remarks indicate a potential thaw in US-Iran relations, underscoring Iran's desire for a deal, particularly regarding its nuclear program. A successful negotiation could notably impact oil supply chains and prices, given the current context of tankers heading to the US, which could alleviate market tensions. Traders should watch how this evolves, as any firm resolutions might lead to shifts in energy markets and influence currencies tied to risk appetite.
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