Bessent Says Iran Conflict 'Has Been Halted' as Markets Watch Talks
Summary
- US Treasury Secretary Scott Bessent said the conflict with Iran has been halted.
- Markets are focused on the possibility of progress in US-Iran negotiations and whether tensions will ease.
- Easing tensions between the US and Iran could reduce volatility in safe-haven markets such as crude oil and gold.
Forecast Trend Report by Period
US Treasury Secretary Scott Bessent said the conflict with Iran "has been halted," as markets watch for signs of progress in talks between Washington and Tehran.
Walter Bloomberg reported on June 4 that Bessent, commenting on the situation involving Iran, said the "conflict has been halted."
The remarks came as the US and Iran continue discussions over nuclear negotiations and a possible extension of a ceasefire.
President Donald Trump had earlier said talks between the two countries were continuing and that Iran was getting closer to signing an agreement.
Neither the US nor Iran has officially announced a final deal. The two sides are reportedly negotiating over limits on Iran's nuclear program, sanctions relief and frozen assets.
Markets are also weighing whether easing tensions between the US and Iran could reduce volatility in safe-haven markets such as crude oil and gold.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
