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Monday 25th May 2026
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diplomatic signals from the U.S. and Iran. While Donald Trump and Marco Rubio teased an imminent breakthrough that briefly sent Bitcoin surging 2%, the administration subsequently walked back the timeline, advising negotiators "not to rush". Ray notes that while both sides have reportedly softened their unrealistic demands—such as Iran dropping shipping toll requirements and the U.S. easing off proxy funding restrictions—the immediate reality points toward a mere 60-day ceasefire extension rather than a comprehensive resolution. Meanwhile, a single Iraqi crude supertanker successfully traversed the closed Strait of Hormuz, but with global inflation pressures mounting, new Fed Chair Kevin Warsh faces a tough call on rate paths, keeping the global economy in a state of tentative, risk-sensitive suspense.
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