Summary
- President Trump and Prime Minister Benjamin Netanyahu reportedly had a heated phone call over an Iran war-end proposal.
- Markets are watching whether tensions between the two sides could affect the Middle East outlook, international oil prices, and sentiment toward risk assets.
- Recent markets have staged a relief rally on expectations for war-end talks between the US and Iran, but differences between Washington and Israel are resurfacing.
Forecast Trend Report by Period
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu held a tense phone call over a proposal to end the war with Iran, according to a report. Israel is concerned that any agreement between the US and Iran could block further strikes on Iran's nuclear capabilities.
The Wall Street Journal reported on May 22 that Trump and Netanyahu argued during a May 20 phone call over negotiations to end the war in Iran.
Citing people familiar with the matter, the Journal reported that Netanyahu expressed strong dissatisfaction with the US proposal for talks with Iran, while Trump emphasized the need for a diplomatic solution.
Israel has long voiced skepticism that Iran would carry out any agreement to dismantle its nuclear program. Netanyahu reiterated those concerns in the May 20 call and in an earlier conversation on May 18, the report said.
Markets are focused on whether the dispute could again become a factor for the Middle East outlook, international oil prices and sentiment toward risk assets. Recent markets have rallied on hopes for US-Iran war-end negotiations, but differences between Washington and Israel are resurfacing as the talks proceed.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
