Iran Rejects June 14 Signing Claim as Trump Says Hormuz Will Reopen to Shipping
U.S. President Donald Trump said on Saturday that a new agreement with Iran would be signed on June 14 and that the Strait of Hormuz would reopen to all shipping immediately afterward. Iranian Foreign Ministry spokesperson Esmaeil Baghaei disputed that a Sunday signing would occur, while prediction-market pricing showed only a 39% probability for June 14 on $47.1M of volume. The disagreement left markets weighing potential impacts, with bitcoin trading above the $64,000 zone following Trump's comments.