Morning Update: U.S. and Iran make a deal for peace

President Donald Trump said the U.S. and Iran have reached an initial deal to end the war, signaling a potentially significant de-escalation in Middle East conflict risk. The report is primarily geopolitical rather than company-specific, but it could affect energy markets, defense spending expectations, and broader risk sentiment. No terms of the agreement, timeline, or enforcement details were disclosed.

Analysis

President Donald Trump said the U.S. and Iran have reached an initial deal to end the war, signaling a potentially significant de-escalation in Middle East conflict risk. The report is primarily geopolitical rather than company-specific, but it could affect energy markets, defense spending expectations, and broader risk sentiment. No terms of the agreement, timeline, or enforcement details were disclosed.