The Trump administration is seeking an exit from the ongoing conflict with Iran, according to foreign policy editor Don Durfee speaking on Reuters World News. The conflict, which began with joint US-Israeli strikes in late February, has seen a fragile ceasefire repeatedly disrupted by military actions. The latest strikes reportedly targeted Iranian air defenses and maritime capabilities. Markets are pricing in a 26.5% YES probability for including Iran Reconstruction Funding in a 2026 deal, reflecting a modest increase in likelihood. US Chief Negotiator Mike Vance and Iranian Foreign Minister Javad Zarif remain key figures to watch.
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