TREE NEWS update: US President Donald Trump said momentum is very strong for a deal with Iran and that talks between envoys Witkoff and Kushner and Iran have been productive. Trump said he believes the two will resolve the matter and that Iran is expected to do the right thing quickly.
Trump Says Momentum Strong for a Deal With Iran
The signal here is diplomatic rather than financial, but Iran sits on some of the world's largest hydrocarbon reserves, so any credible path to a deal carries weight for energy markets and, by extension, for the inflation and rate expectations that broadly drive risk appetite, including crypto. The notable detail is that Trump is framing momentum and speed, which matters more for sentiment than the substance of any terms, since none are described. Whether the envoys' talks keep producing results — and whether Iran responds on the timeline implied — is the open question.
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