·        Ahead of the Nov. '26 US midterm election, Trump has to ensure lower oil prices for Main Street; thus, he can’t afford an extended hardline stance. ·        Trump may blink first and allow an initial extension of the Iran war ceasefire by 60 days by removing the US naval blockade of the SOH. ·   Trump may eventually extend the ceasefire till Dec '26 for a ‘great deal’ with Iran. On Friday, May 29, 2026, the market's focus was on Trump’s morning moods and truths as he was set to approve/disapprove a provisional MOU with Iran. Eventually, Trump posted a truth: ·        Iran must agree that it will never have a nuclear weapon or bomb. ·        The Hormuz Strait must be immediately open, with no tolls, for unrestricted shipping traffic in both directions. ·        All water mines (bombs), if any, will be terminated (we hav...