Trump Says Iran-Israel Deal in Final Stage, Outcome Possible Within One to Two Days

President Donald Trump said an agreement involving Iran and Israel is in its final stage. His comments came shortly after both sides agreed to halt attacks on each other, raising hopes for easing tensions in the Middle East.

Odaily, a cryptocurrency-focused media outlet, reported on June 9 that Trump said, "We are at the final stage of a very, very good deal."

He added that "we'll probably see some results in a day or two." The remarks came within hours of Iran and Israel agreeing to stop mutual attacks.

Earlier, Iran and Israel exchanged ballistic missile strikes in a renewed round of conflict. That put the ceasefire framework that took effect on April 8 under significant strain.

Markets are watching progress toward a deal as a key factor for international oil prices and sentiment toward risk assets. If an agreement is reached, the Middle East risk premium could ease somewhat. Volatility may continue until the final terms and implementation are confirmed.