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Gold and stocks on a roller coaster as the Iran MOU may be ready pending Trump’s approval

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  ·        The market is confident that Trump will sign the MOU despite the fragile ceasefire and Trump’s ‘peace through strength’ approach. ·        Now the question is, will Trump agree, and whether Iran will agree to such an ‘unrestricted’ Strait of Hormuz without any toll? On early Wednesday, May 27, 2026, the European session, stocks, and gold surged, while oil slid after Iran announced a framework/draft of a potential deal with the US. Iranian officials presented their versions of the MOU, relatively favorable interpretations of the draft framework: ·   Lifting the US naval blockade and withdrawal of American forces from the adjoining areas within 30 days. ·        Reopening the Strait of Hormuz within 30 days under Iran-Oman management. ·        A 60-day (extendable) extension of the current ceasefire and a period for a final deal. ·   A $300 bill...

Oil, gold, and stocks wobbled on the lingering war of attrition between the US and Iran

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  ·   Although the Iran war may be over, the Strait of Hormuz uncertainty remains, and elevated oil is a headache for Trump ahead of the Nov. 26 midterm elections. ·   Trump is desperately looking for a face-saving exit from his Iran war ‘fun’ (mess), and thus he is bound to blink first. ·   Iran may not agree to transfer the ‘nuclear dust’ to any 3 rd country, including China. As of May 25, 2026, the US and Iran continue to engage in a war of attrition—a high-stakes diplomatic effort for permanent peace and the full reopening of the Strait of Hormuz (SOH). So far, marathon indirect negotiations, mediated primarily by Pakistan and supported by Qatar and Oman, have produced a draft framework agreement—often referred to as a Memorandum of Understanding (MOU)—aimed at immediate de-escalation. However, fresh US military strikes, hardline resistance in Tehran, and irreconcilable positions on Iran’s nuclear program continue to cloud prospects for a swift resolution. US Pr...