It’s rare for Iran’s Supreme Leader Mojtaba Khamenei to speak up. He said he wants to end the war, but only on the condition that Iran’s demands are met, and he doesn’t want this kind of stop-and-go attrition to drag on either. As soon as the news came out, oil prices plunged, gold rebounded, and U.S. Treasury yields fell. In fact, the market is also hoping for things to calm down sooner. But wanting to talk is one thing; whether the terms can be agreed upon is another. Next, it will depend on how Trump responds.