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Trump says Iran war: "I view it as very close to over."

Footage from Trump’s Fox interveiw to air Wednesday morning US time, his remarks are that he had intervene, and if he hadn’t done so, Iran would now possess a nuclear weapon.And:”I view it as very close to over. If I pulled up stakes right now, it would take them 20 years to rebuild that country. And we’re not finished. We’ll see what happens. I think they want to make a deal very badly.”US Vice President JD Vance spoke earleir also. He struck a cautiously optimistic tone on US–Iran relations, signalling that negotiations are ongoing and that Washington is pursuing a broader “grand bargain” aimed at reshaping Iran’s economic integration with the world. Speaking at a public event and in comments carried by Al Jazeera, Vance said discussions have made “tremendous progress,” with the current ceasefire holding for a seventh consecutive day. He added that talks, taking place via channels including Pakistan, will continue as both sides work toward a deal.Vance framed the offer in direct terms, saying that if Tehran “acts like a normal country,” it would be treated economically as one — including deeper integration into global trade and financial systems.At the same time, he reiterated a firm US red line, stating that Washington will “never allow Iran to possess nuclear weapons,” underscoring that any agreement would need to address long-standing security concerns alongside economic incentives.Vance acknowledged that decades of mistrust between the two sides mean a deal will not be reached quickly, but said both Washington and Tehran appear willing to continue negotiations in good faith. The talks are being pursued under the direction of President Donald Trump, who has framed the effort as part of a broader strategy to stabilise the region.
This article was written by Eamonn Sheridan at investinglive.com.

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💡 DMK Insight

Trump’s comments about Iran’s nuclear capabilities are stirring geopolitical tensions, and here’s why that matters for traders: heightened uncertainty often leads to volatility in oil and gold markets. If Iran is perceived as nearing nuclear capability, expect crude oil prices to react sharply, especially if sanctions or military actions are discussed. Traders should keep an eye on the $80 per barrel mark for crude; a breach could trigger a rally as supply fears mount. Gold, often a safe haven in times of geopolitical strife, might also see increased buying pressure, particularly if it approaches key resistance levels. On the flip side, if the market views Trump’s comments as mere rhetoric without immediate implications, we could see a quick reversal in these assets. Watch for any official statements from the U.S. government or OPEC responses, as they could provide clarity and direction. The next few days will be crucial for gauging market sentiment and potential price movements.

📮 Takeaway

Monitor crude oil around $80 and gold resistance levels; geopolitical tensions could drive volatility in these markets.

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