Trump in talks to declare end of Iran War: WSJ

President Donald Trump is reportedly engaged in private discussions with his senior aides on the potential declaration of the end of the Iran War. This development, reported by the Wall Street Journal, comes as the U.S.-Iran conflict remains in a state of active escalation. The discussions appear to center around diplomatic maneuvers to possibly avert risks to the upcoming midterm elections. The conflict has seen intermittent air and missile strikes, with recent U.S. actions targeting IRGC infrastructure in Iran suggestive of ongoing tensions. Market indicators suggest that the possibility of ending the conflict could influence the likelihood of a comprehensive U.S.-Iran deal in 2026, including potential reconstruction funding for Iran. Key Takeaways Reports of President Trump’s discussions on ending the Iran War suggest a potential shift in U.S.-Iran relations, consistent with increased support for a deal. Market pricing suggests that these discussions could lead to a higher probability of including Iran reconstruction funding in a potential 2026 deal. The U.S. continues direct military engagements with Iran, reflecting an escalation phase that complicates immediate diplomatic res...