Trump says peace deal with Iran could be reached in 'two or three days'

President Donald Trump stated on Tuesday that a peace deal with Iran could be reached within 'two or three days,' following a series of exchanges between Israeli and Iranian forces that highlighted the fragility of the April ceasefire. Trump claimed both sides agreed to halt hostilities through his mediation, while the U.S. blockade on Iranian shipping remains in effect. The remarks came after Trump attended the NBA finals in New York. The conflict has seen recent tit-for-tat attacks, raising tensions in the Middle East. Trump expressed confidence that no sticking points remain in negotiations, though details of the proposed deal were not disclosed. The U.S. has maintained pressure on Iran through sanctions and military posture.

Global Impact

Economic: A deal could unlock Iranian oil exports, adding 1-1.5 million bpd to global supply, lowering energy costs and easing inflation pressures in import-dependent economies. Political: Success would bolster Trump's foreign policy credentials ahead of the 2026 midterms, while failure risks escalating proxy conflicts in Yemen, Syria, and Lebanon.