Trump has stated that he is not in a rush to conclude the ongoing conflict with Iran, further complicating prospects for peace in the region. This statement comes amid an already fragile ceasefire and ongoing military tensions between the United States, its allies, and Iran. The war, which began in 2026, has seen significant military actions, including airstrikes and maritime disruptions around the strategically vital Strait of Hormuz. Markets reflect this skepticism with a current 25% YES probability for a US-Iran deal in 2026 including reconstruction funding.
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