Trump Says No Hurry on Iran Deal as 4-Month Conflict Keeps Markets on Edge
Updated
Updated · CNBC · Jun 1
Trump Says No Hurry on Iran Deal as 4-Month Conflict Keeps Markets on Edge
8 articles · Updated · CNBC · Jun 1
Trump said he is in no rush to finalize a deal with Iran, arguing a slower negotiation is needed to secure terms that ensure Tehran never gets a nuclear weapon.
Fox News remarks over the weekend also carried a threat: military action could resume if talks fail, even as Trump said he would prefer a quick resolution.
Asia-Pacific markets were set for a mixed open Monday, with Nikkei futures at 66,405 above Friday's 66,329.5 close while Hang Seng futures pointed lower.
U.S. stocks ended Friday at record highs despite the uncertainty, helped by softer crude prices and tech gains; the S&P 500 rose 0.22% to 7,580.06.
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The 2026 U.S.-Iran War: Blockade, Oil Crisis, and the Global Fallout
Overview
As of late May 2026, the standoff between the United States and Iran remains tense but hopeful, with fragile negotiations underway and Pakistan playing a key mediating role. Both sides are reportedly close to a deal to end the war, though last-minute disputes threaten to derail progress. Despite ongoing talks, military tensions persist, highlighted by Iran’s recent missile launch toward Kuwait and its interception by the U.S. army. This delicate balance between diplomacy and conflict underscores the uncertainty of the situation, as efforts to reach a peaceful resolution continue amid the risk of renewed escalation.