U.S. and Iranian officials are reportedly close to finalizing a one-page agreement aimed at ending the two-month-old conflict involving the United States and Israel.
The deal, which requires final approval from former President Donald Trump, could offer Teheran sanctions relief and mark a significant shift in the geopolitical landscape.
Markets have shown sensitivity to developments in U.S.-Iran relations, with energy and equity sectors often reacting to shifts in diplomatic and military tensions.
The potential easing of sanctions could impact oil prices and regional trade dynamics, particularly in the Middle East.
The negotiations have encountered resistance within the president's own party, as reports surface of a potential deal that could offer Teheran sanctions relief.
The plan, which aims to satisfy U.S. interests, has drawn scrutiny from lawmakers and analysts who remain divided on its implications.