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U.S.-Iran Peace Agreement to be Finalized Within Days: Oil Prices Plummet, Global Stock Markets Celebrate, Bitcoin Rebounds with Renewed Expectations
U.S. President Donald Trump stated that the agreement will either be "great and meaningful" or "no agreement will be reached."
Iranian officials said that although the two sides have reached consensus on most issues, "signing the agreement is not imminent."
Reportedly, the core issues under discussion include restarting navigation through the Strait of Hormuz, easing Middle East conflicts, and buying time for subsequent negotiations on Iran's nuclear issues.
U.S. officials said Iran has in principle agreed to handle its high-enriched uranium stockpiles, but the Iranian Foreign Ministry emphasized that the current focus of negotiations remains "ending the war," and no in-depth discussions on nuclear details have taken place.
Driven by hopes for peace, international oil prices plummeted sharply on Monday, with Brent crude oil falling over 5% at one point, while global stock markets rose collectively, with U.S. stock futures reaching a historic high, Japan's stock market soaring about 3.5%, and Bitcoin showing renewed expectations of a rebound.
However, concerns within Israel about the agreement are intensifying.
Israeli opposition leader Yair Lapid criticized the agreement as "harmful to Israel and the entire region," believing it fails to truly limit Iran's nuclear capabilities and missile stockpiles.
Meanwhile, U.S. Secretary of State Marco Rubio said negotiations between the U.S. and Iran are still ongoing, and further updates could be announced as early as that day.