There seem to be two tracks around Iran.
The US military is preparing to attack more intenselyDiplomats are laying the groundwork for a deal
Ultimately Trump will be the one to decide which way it will go but I think the hesitation is because the US doesn’t know how it might get out of a conflict, particularly if it’s forced to deploy ground troops.
A report that was citing Israeli media a short while ago said Trump was expected to authorize force. I’d say that’s mostly priced in but there are a lot of different permutations. The US could quickly call it off after a few strikes on nuclear facilities and then try to start negotiations.
As for this comment from the Finance Minister; this stance has been widely reported as their stance, though I’m not sure it’s come directly from a top government official previously.
This article was written by Adam Button at www.forexlive.com.