President Donald Trump on Friday dismissed a new offer from Iran aimed at ending the two-month conflict with the United States and Israel, stating he is "not satisfied with it." The rejection halts immediate diplomatic momentum and leaves the war's trajectory—and its market implications—uncertain.
Speaking to reporters, Trump noted that the conflict has so far harmed U.S. stocks and oil prices less than he had anticipated, suggesting he feels no urgency to accept Tehran's current terms.
The president's stance aligns with a broader strategy of leveraging economic resilience to pressure Iranian leadership, even as special envoys Steve Witkoff and Jared Kushner prepare to travel to Pakistan for further negotiations.
According to Finansavisen, Iran is reportedly drafting a revised proposal designed to meet Washington's demands, signaling that Tehran remains engaged despite the public rebuff.
The diplomatic back-and-forth underscores the fragile nature of the ceasefire talks, with both sides testing red lines before committing to a formal agreement.
For markets, the rejection reinforces a "wait-and-see" posture.