US-Iran Deal Near? Trump's Threats and Hopes Swing Markets
Part of composite article Iran Deal to Be Signed Sunday? Trump Says Yes, Iran Says No View full article →
Donald Trump has declared the United States and Iran are on the “verge of a peace agreement.” Oil prices fell and stock markets rose following the announcement.
The statement came just hours after Trump warned Iran would be hit “VERY HARD.” That earlier threat had sent oil prices up and stocks down.
The back-and-forth has kept traders on edge. It has also left many in the Middle East swinging between fear and hope.
Despite the chaos, both sides continue talks. The goal remains finding a way out of the current impasse.