President Donald Trump has signaled that a diplomatic agreement with Iran could be finalized as early as Sunday, intensifying the pressure on a weekend deadline for a deal that has been in the works for weeks.
The announcement, made during a phone interview with Reuters, marks a significant escalation in the administration's public timeline for resolving tensions with the Tehran regime.
The market's reaction will hinge on whether the reported Iranian proposal, which aims to satisfy US demands, is sufficient to bridge the remaining gaps.
The prospect of a breakthrough has immediate implications for global energy markets and geopolitical risk premiums.
Investors are, as any failure to reach an accord by the weekend could trigger a sharp repricing of risk assets and a renewed surge in oil prices.
The market's reaction will hinge on whether the reported Iranian proposal, which aims to satisfy US demands, is sufficient to bridge the remaining gaps.
This development follows weeks of high-stakes posturing and diplomatic maneuvering.