Trump Says US In ‘Final Stages’ Of Iran Talks, But Prediction Markets Aren’t Convinced

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President Donald Trump said the U.S. is in the “final stages” of talks to end the war with Iran, and that he would give the diplomatic effort “one shot.”

Vice President JD Vance echoed the optimism, saying the administration has made “a lot of progress” and that Iran wants a deal, framing renewed military action as “option B.”

It is not the first time the end has looked close. Trump has set and reset at least four “final” deadlines for Iran since March 21, each time threatening strikes before backing down.

Iran’s Revolutionary Guard, meanwhile, warned Wednesday it would retaliate “beyond the region” with “crushing blows in places you do not expect” if attacks resume, according to the semi-official Tasnim news agency.

The stakes are visible at the pump.

The average US gas price is $4.55, up more than 43% from a year ago, as the Hormuz disruption keeps fuel costs near multi-year highs.

A South Korean supertanker carrying 2 million barrels of crude passed through the Strait of Hormuz …

Full story available on Benzinga.com

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