Day 94 of Middle East War: Trump Suggests Deal Possible Within a Week

The U.S.-Israel offensive against Iran has entered its 94th day. President Trump stated in an interview that he believes a deal to reopen the Strait of Hormuz and extend the ceasefire could be reached within the 'coming week.' According to CNN, Trump told ABC News that negotiations are advancing rapidly. He also mentioned that Israel and Hezbollah have agreed to a ceasefire. However, Israeli Prime Minister Netanyahu stated that Israel would continue airstrikes on terrorist targets in Beirut if Hezbollah does not cease its attacks. Iranian President Pezeshkian promised Japanese Prime Minister Takaichi during a phone call that Japanese vessels would be allowed to pass through the Strait of Hormuz. Markets reacted with uncertainty, causing Brent crude to fall to $94.51 and WTI crude to $91.62. Additionally, Australia expects a 26% drop in wheat production due to drought and soaring fuel costs.