Prediction markets have not shown significant movement in the likelihood of a U.S.-Iran nuclear deal this year, despite reports that the two nations have agreed to a ceasefire.
The Axios report highlighted that further negotiations are still required to finalize the broader agreement, leaving uncertainty intact.
S. in response to Iran's proposals, as noted in recent Iranian media reports, has raised doubts about the feasibility of a deal.
Markets have shown mixed signals, with energy and geopolitical risk assets reflecting about regional stability.
The lack of concrete concessions from the U.S. in response to Iran's proposals, as noted in recent Iranian media reports, has raised doubts about the feasibility of a deal.
The situation underscores the fragility of diplomatic efforts in the region.
Earlier this week, global markets had briefly shown signs of relief following news that U.S. and Iranian officials were close to a one-page agreement to resolve the conflict involving Israel.