Trump raises pressure on Iran at the UN, but diplomatic channels remain open

🌐 In his UN General Assembly speech, President Donald Trump warned that the US could sharply escalate pressure if no agreement is reached with Iran, while suggesting that a deal could emerge after the November midterm elections.

đŸ€ Diplomatic engagement, however, remains active. After the speech, Trump said Steve Witkoff and Jared Kushner held roughly three hours of talks with the Iranian side, describing the meeting as positive and indicating that further discussions would follow.

đŸ›ąïž Hormuz remains the more important market variable than public rhetoric. Iran has said it could reopen the strait within about a week if the US eases military pressure and lifts the port blockade. With oil still trading around $100 per barrel, upcoming negotiations could continue to shape expectations for supply and broader risk sentiment.

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