The US administration has indicated that negotiations with Iran are progressing rapidly, with the immediate goal of reopening the Strait of Hormuz. President Trump emphasized the urgency and simplicity of the talks, suggesting the strait could be fully operational as early as the following day. This announcement comes amid ongoing tensions over Iran’s nuclear ambitions and the US blockade of Iranian ports. Markets reflect a 55.5% probability of a favorable outcome by August 31, 2026, with a long-term optimistic outlook of 90% by December 31, 2026.
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