President Trump stated that U.S. pressure on Iran continues despite a pause in military strikes, adding that Washington is ready to escalate if negotiations fail. His remarks come amid a fragile ceasefire in the 2026 Iran conflict that has experienced intermittent breakdowns. Markets anticipate a 14% probability for the end of the Iranian blockade by July 31, 2026, up 4 points from previous days. By August 31, 2026, the probability stands at 50.5%, reflecting more optimism among traders regarding a potential resolution by late August.
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