Trump anticipates Iran deal in 48 hours benefiting markets

US President Donald Trump announced that the ongoing negotiations between the United States and Iran have made significant progress, with expectations that an agreement will be reached within 48 hours, potentially reopening the Strait of Hormuz to maritime traffic. He indicated that the negotiations are "going very well" and that both sides have held positive discussions, with near-term hopes for understanding and the resumption of passage through the strategic strait, which accounts for about 20% of global oil supplies. These comments coincided with a decline in oil prices and a rise in global stock markets, amidst reports of an imminent temporary deal between Washington and Tehran, although Iran has denied the existence of a final agreement so far, and disagreements between the two sides on the issue continue.

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