Markets feel trapped in a waiting zone right now, and the tension is getting harder to ignore.😵
Trump said after a high level meeting that by the end of the day he should know whether a deal with Iran is actually going through. That kind of public timeline matters. It adds pressure, raises expectations, and tells the market that something important may break soon.
At the same time, the Strait of Hormuz is back in focus. That is what makes this bigger than a normal political update. Hormuz is one of the most important routes for global oil flow, so even the fear of disruption can push nerves across every major market.
That is why this moment feels so unstable.
A deal could cool everything down very quickly.
No deal could send shockwaves through oil, crypto, and other risk assets.
For now, nothing is confirmed.
But the market is already reacting to what could come next.