White House official says President Trump is confident that an agreement will be reached soon, Al Jazeera reports; Trump was clear about the consequences of failing to reach an agreement

This headline reflects the White House's optimism regarding negotiations with Iran, which could signal a potential easing of tensions and a favorable outcome for markets.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
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Expect Iran's response to blow up the talks over American conditions, Channel 13 reports citing an Israeli political official

White House official says President Trump is confident that an agreement will be reached soon, Al Jazeera reports; Trump was clear about the consequences of failing to reach an agreement

Iran's Foreign Minister Aragchi to Al Jazeera says what is happening now is not negotiations but an exchange of messages directly or through our friends in the region

Iranian Presidency says Pezeshkian confirmed in a call with the President of the European Council that the Strait of Hormuz is closed to ships of the aggressor countries and their supporters, according to Al Jazeera

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  • White House official to Al Jazeera: We are talking to the right people inside the Iranian regime and they are eager to reach an agreement.
  • Commenting on the China-Pakistan initiative: We will not conduct sensitive negotiations through the media
Context

The implication is that if a deal is reached, it may positively affect risk sentiment and the outlook for assets like equities and commodities, particularly crude oil. Conversely, failure to secure an agreement could lead to heightened volatility and pressure on affected currencies and sectors.

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