In a late-night post on Truth Social, Trump claimed the US-Iran nuclear agreement would be officially signed 'tomorrow,' after which the Strait of Hormuz would be 'immediately open to everyone.' The statement stoked hopes of easing geopolitical tensions, but as of press time the deal had not been formally signed and markets await official confirmation.
Trump Blasts JCPOA, Says New Deal Involves 'No Money Transfers'
Trump fiercely criticized the Obama-era JCPOA, calling it 'a shortcut to nuclear weapons' and asserting that under that deal Iran would have already possessed nukes. He positioned his own agreement as 'the exact opposite — a wall to a nuclear-free Iran.' Key terms, per Trump: Iran commits to never seeking or possessing nuclear weapons; the Strait of Hormuz unlocks immediately after signing; and 'not a single dollar will change hands.' On the other side, Iran has hinted that ships might still face fees even after the strait reopens, meaning details remain fluid.
Uranium Enrichment Halt for 20 Years Still a Sticking Point; Trump Flags ‘Ultimate Alternative’
The biggest hurdle in negotiations remains uranium enrichment: Trump's team pushes for a 20-year 'pause' rather than a permanent ban. The final text's coverage of this clause was still unverified. In a threatening note at the end of his post, Trump said: 'If the deal fails, we have an ultimate alternative — hopefully never used.' The remark serves both as deterrence and as an escape clause, signaling markets shouldn't fully price in a clean exit from geopolitical risk.
Bitcoin Bounces to $64,500 as Risk Appetite Recovers
For risk assets, the expected transmission mechanism is: falling safe-haven demand → capital outflows from havens → rising risk appetite → buying of risk instruments. Though uncertainty persists, Bitcoin has rallied over recent days, hitting $64,758 early today and trading near $64,500 at press time — a short-term validation of the chain. If the deal is sealed and ratified, the strait opens, oil eases, and supply-chain pressures subside, BTC's risk premium could narrow further. Conversely, any delay or breakdown in terms could trigger a rapid flip in market sentiment.