Iran map

There seem to be two tracks around Iran.

  1. The US military is preparing to attack more intensely
  2. Diplomats are laying the groundwork for a deal

Ultimately Trump will be the one to decide which way it will go but I think the hesitation is because the US doesn't know how it might get out of a conflict, particularly if it's forced to deploy ground troops.

A report that was citing Israeli media a short while ago said Trump was expected to authorize force. I'd say that's mostly priced in but there are a lot of different permutations. The US could quickly call it off after a few strikes on nuclear facilities and then try to start negotiations.

As for this comment from the Finance Minister; this stance has been widely reported as their stance, though I'm not sure it's come directly from a top government official previously.

Source: Forex Live