US-Iran News LIVE: Rupee jumps to 95.37 on Trump’s ‘great settlement of war’ claims, even as Iran says nothing final

US-Iran News LIVE: Trump’s ‘Great Settlement’ Sparks Market Reactions

Theindiapostdaily.com – President Donald Trump announced on Thursday that the U.S. and Iran were on the verge of a peace agreement, a claim that immediately triggered a surge in the Indian rupee to 95.37. Despite the upbeat market response, Iranian officials remained cautious, stating that no final decision had been made and the terms were still under review. The potential deal, which could redefine the geopolitical landscape in the region, has been hailed as a significant step toward stabilizing the strategic Strait of Hormuz, a critical chokepoint for global oil supplies.

Market Volatility and Economic Implications

As the U.S.-Iran news LIVE updates highlighted, the proposed ceasefire deal has sparked a flurry of activity in financial markets. Analysts noted that the rupee’s sharp increase to 95.37 reflects investor optimism about reduced tensions, which could ease concerns over supply disruptions in the Middle East. However, the Iranian government’s hesitation to confirm the agreement has left some investors wary, creating a mix of cautious hope and market uncertainty.

Oil prices, which had been volatile due to the ongoing conflict, experienced a notable decline in response to Trump’s claims. Brent crude fell as traders anticipated smoother shipping routes through the Strait of Hormuz. This shift has been welcomed by energy markets worldwide, as the region’s stability is vital for maintaining global oil supply chains. Yet, the deal’s success hinges on Iran’s commitment to the terms, which remain a point of contention among its leadership.

Trump’s Confidence in the Agreement

“We just made a great settlement of the war with Iran,” Trump told reporters at the White House. “The strait will officially open as soon as we sign, which could be soon, very soon, maybe over the weekend in Europe.”

Trump’s assertion that the agreement could be finalized by the weekend signals a pivotal moment in the U.S.-Iran diplomatic process. He suggested that Vice President JD Vance might represent the U.S. in signing the deal, a move that has raised questions about the role of domestic political figures in international negotiations. When pressed on whether Supreme Leader Ayatollah Mojtaba Khamenei would endorse the terms, Trump confidently stated, “I understand the answer is yes,” indicating his belief in the deal’s inevitability.

Iran’s Stance and Negotiation Delays

Iranian Foreign Ministry representative Esmaeil Baghaei confirmed that major sections of the draft agreement had been finalized. However, he also stressed that Iran was unwilling to compromise on its core demands, particularly regarding its nuclear program. “We have not reached a final conclusion on this matter,” Baghaei said, emphasizing that the deal was still being scrutinized by key decision-makers.

Since mid-March, Trump has repeatedly asserted that a resolution with Iran was imminent, a pattern that has shaped public perception and media coverage. Yet, recent strikes have tested the fragile ceasefire established in April, raising doubts about the agreement’s durability. The U.S.-Iran news LIVE updates now focus on whether this renewed diplomatic effort can withstand the pressures of ongoing military actions and political debates.

With the potential deal nearing its final stages, the global economy is holding its breath. The stability of the Strait of Hormuz is crucial for oil exports, and any resolution could prevent further price spikes or supply chain disruptions. As the U.S.-Iran news LIVE continues to unfold, the market’s response will serve as a barometer for the deal’s perceived value and the region’s future prospects.