Trump says Iran deal possible as Tehran reviews US peace proposal

Trump stated that a deal with Iran was ‘very possible’ as Tehran reviews a US-backed peace proposal aimed at ending the conflict and easing tensions in the Strait of Hormuz. Key disputes remain, including Iran’s nuclear program, missile development restrictions, shipping access through the Strait of Hormuz, and US sanctions. This potential deal has caused global oil prices to fall sharply, and stock markets have risen on expectations of reduced pressure on energy supplies and shipping routes.