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White House Press Secretary says Iran ballistic missiles and drone attacks are down; Very close to meeting objectives of Iran operation; US military ahead of schedule on Iran operation

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White House Press Secretary says Iran ballistic missiles and drone attacks are down; Very close to meeting objectives of Iran operation; US military ahead of schedule on Iran operation

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  • Iranian regime is looking for an exit ramp. 
  • Iran wants to talk, Trump is willing to listen.
  • US has been in productive talks in the last three days.
  • If Iran fails to accept reality that they have been defeated, Trump will hit harder. 
  • Iran should not miscalculate again. 
  • Trump will unleash hell if Iran does not accept defeat
  • Congress authorisation on war is not necessary right now.
  • Reiterates 4-6 week timeline for Iran operations. 
  • Trump is keeping gasoline prices as low as he can.
  • Asked about Iran rejection, says they have not; talks continue, they are productive. 
  • There are elements of truth to the 15-point plan reports.
  • White House never confirmed the full 15-point plan report. 
  • Asked about 82nd airborne division, says Trump likes options. Defers to the Pentagon.
  • No Iran peace talks should be deemed official yet. 
  • When asked about when the first tanker can pass Hormuz, says there is no sense yet. 
  • Working on getting tankers through the Hormuz soonest.
  • US working on creative solutions on oil prices. 
  • Trump would be concerned about displacement in Lebanon.
  • VP Vance has been part of discussions on Iran throughout.
  • Some misinformation out there with 15-point plan too.
  • Too soon to say if satisfied with Iran regime change.
  • “We're not going to get into the details of these negotiations and conversations that continue to take place as of course, you can imagine, they are very sensitive diplomatic discussions”.

Context

The White House Press Secretary's remarks indicate a potential easing of tensions with Iran, suggesting a willingness for diplomatic engagement amidst ongoing military operations. The focus on productive talks and a possible resolution may lower immediate risk for oil markets and geopolitical volatility, though the threat of intensified action remains if Iran does not comply. This situation has implications for energy prices and may impact currency valuations, notably the USD and oil-linked currencies.

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