Summary
- President Trump said an agreement with Iran would be reached only when it is favorable to the US, its allies and the world.
- Trump said he has no intention of rushing to end the conflict with Iran and stressed that time is ample, but not for Iran.
- Markets are interpreting the remarks as a signal that the US is focused on maintaining pressure, with energy market volatility emerging as a key variable.
Forecast Trend Report by Period
President Donald Trump reaffirmed a hard-line stance on negotiations with Iran, signaling the talks could drag on.
Walter Bloomberg reported on April 23 that Trump said any agreement with Iran would be reached only if it benefits the US, its allies and the world.
Trump also said he has no intention of rushing to end the conflict with Iran. The US has plenty of time, he added, but Iran does not.
He also said the maritime blockade currently underway remains strong and fully in place.
Markets are reading the remarks as a sign that Washington is placing greater emphasis on maintaining pressure than on quickly reaching a deal. Whether the negotiations drag on and how volatile energy markets become are emerging as key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
