US President Trump, when asked about winding down the war, says I can't tell you; depends what Iran does; this is a critical period; Iran has until tomorrow; Iran is negotiating, we think, in good faith

President Trump's comments regarding negotiations with Iran signal a potentially volatile period for markets, especially concerning energy supplies. The emphasis on reopening the Strait of Hormuz highlights the significance of these negotiations to global oil supply dynamics, which could impact commodities pricing and broader market sentiment. Traders should remain alert to any rapid developments as they could trigger shifts in risk appetite and currency movements, particularly for oil-related currencies.