Trump’s claim of a completed Hormuz agreement should be treated cautiously by markets pending independent confirmation from Iran or a third party, particularly given his prior claim of an Iranian request to hold off on strikes was directly denied by Tehran’s Mehr news agency as “a new lie.”
His ‘deal done’ comment comes just prior to the Globex open, it follows a consistent pattern of Trump’s market manipulation. He lives and dies by the rises and falls of stock markets.
Any premature pricing of a durable de-escalation risks a sharp reversal if Iran disputes this latest claim as it did the last one. The announcement that denuclearisation talks begin tomorrow (Monday) afternoon offers a more concrete, checkable data point, and traders may prefer to wait for confirmation that talks have actually convened before adjusting risk premia. Trump’s repeated assertion that the US remains “ready to go anytime we want” keeps the downside scenario firmly in play regardless of how the rhetoric is read.
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Trump says the Hormuz deal is done, but given his recent claims have been disputed by Tehran, markets may want confirmation before believing it.
Summary:
- Trump said a deal has been reached on the Hormuz Strait, a claim that has not been independently confirmed
- He said a further deal on denuclearisation would follow
- Negotiations are reportedly being conducted directly with Iran and are set to begin tomorrow afternoon
- Trump reiterated that the US remains ready to act militarily at any time
- The claim follows a similar pattern to Trump’s earlier assertion that Iran requested a halt to strikes, which Iran’s Mehr news agency denied outright, calling it “a new lie”
President Donald Trump said that a deal has been reached on the Hormuz Strait and that negotiations toward a broader agreement on Iran’s denuclearisation are set to begin tomorrow (Monday) afternoon, though the claim of a completed Hormuz arrangement has not been independently verified and follows a recent pattern of assertions from Trump on Iran that Tehran has directly disputed.
Trump said the current discussions are being conducted directly with Iran in the form of a negotiation, framing the Hormuz agreement as an initial step toward a wider settlement addressing Iran’s nuclear programme. He offered no further detail on the terms of the purported Hormuz deal, and no confirmation of the agreement has come from Iranian officials or any other party. The claim echoes Trump’s earlier statement that Iran and other Middle Eastern nations had asked the US to hold off on strikes pending a deal, an assertion Iran’s semi-official Mehr news agency flatly rejected as “nothing but a new lie.” Given that history, the latest Hormuz claim warrants similar caution until corroborated.
Trump maintained his characteristically hawkish posture alongside the diplomatic claims, saying the US remains ready to act against Iran at any time, a reminder that Washington continues to frame the military option as live regardless of the state of talks.
Tomorrow afternoon’s stated start of denuclearisation negotiations offers a more concrete and verifiable marker than the Hormuz claim itself. Whether talks actually convene as described, and whether Iran offers any confirmation of the terms Trump has outlined, will be the clearer test of whether this represents genuine progress or another instance of the apocalyptic-to-conciliatory pattern that has characterised Trump’s recent Iran messaging.
This article was written by Eamonn Sheridan at investinglive.com.