"Trump stated, 'Most of the main points are finalized. It'll go pretty quickly,' indicating that the negotiations with Iran are progressing towards a resolution."
"Regarding the nuclear program, Trump clarified, 'No years, unlimited,' denying that the moratorium would have a set expiration."
"Oil prices dropped significantly, with Brent crude trading below $90 a barrel, as markets reacted positively to the potential for safer energy transit through the Strait of Hormuz."
"The Islamic Republic announced it would open the Strait of Hormuz during the 10-day ceasefire, a move that Trump praised while noting the ongoing uncertainty in the region."
Iran has agreed to suspend its nuclear program indefinitely, according to President Trump. A deal to end the ongoing war, initiated by the US and Israel, is nearly finalized. Trump indicated that discussions for a lasting agreement would likely occur over the weekend. Oil and gas prices fell due to expectations of increased energy supplies. The US delegation for talks with Iran has not been decided, and the situation in the Strait of Hormuz remains uncertain amid a ceasefire.
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