Deal Iran — Hormuz "Almost Done"
Trump stated last Saturday that the deal with Iran is "largely negotiated" — including the opening of the Strait of Hormuz — following a series of calls with Israel and regional allies.
But there's a narrative conflict:
Secretary of State Marco Rubio mentioned there has been "significant progress," and this deal is expected to roll out in two phases. However, Iranian media quickly denied this — claiming the Strait of Hormuz remains under Iranian control.
Some Republican senators are also starting to worry that a deal with Iran could create a perception of American weakness.
--------------------
Market Implications:
- If Hormuz actually opens → oil prices could drop significantly
- But Iran's strong denial → uncertainty remains high
- Risk-on/risk-off sentiment is likely to be volatile next week
#SelatHormus #Iran #As #TrumpSaysIranDealLargelyNegotiated $BTC $ETH