June S&P 500 E-Mini futures (ESM26) are down -0.91%, and June Nasdaq 100 E-Mini futures (NQM26) are down -1.03% this morning as mounting uncertainty over Iran’s willingness to engage in negotiations to end the Middle East conflict pushed oil prices higher.
President Trump said on Wednesday that talks with Iran are taking place and that the Iranian regime wants “to make a deal so badly” but is afraid to admit it. The Wall Street Journal reported that President Trump continues to hope to bring the Iran conflict to an end in the coming weeks. However, Tehran has so far rejected direct talks with Washington, at least publicly, with about 48 hours remaining before a U.S. pause in strikes on Iranian energy infrastructure expires to allow for negotiations.
