Markets reacted sharply to contradictory statements from U.S. and Iranian sources, producing swift rallies and abrupt reversals across crypto and commodity markets.

Statements from the White House

«I am pleased to report that the United States and Iran have held very good and productive talks over the past two days regarding a full and comprehensive settlement of our military actions in the Middle East. Based on the nature and tone of these deep, detailed and constructive discussions, which will continue over the week, I have instructed the Department of Defense to postpone any military strikes on Iranian power plants and energy infrastructure for five days, provided the current meetings and discussions are successfully concluded.»

The statement attributed to the U.S. side signalled a temporary de-escalation and prompted an initial risk-on move across markets, including cryptocurrencies and energy-related assets.

Iranian media response

«There were no direct or intermediary contacts with Trump; it is asserted that he backed down after the threat to strike energy facilities in Western Asia.»

Reports in Iranian outlets denied direct talks and framed the situation differently, creating immediate uncertainty about the talks' scope and veracity.

Market reaction and volatility

Following the U.S. statement, markets gained about +5%, while crude oil prices fell momentarily by 15–20%, reflecting rapidly shifting risk assessments.

Short positions were reportedly liquidated for approximately ~$265 mln within 15 minutes, intensifying price moves and intra-session volatility for traders.

As the day progressed, conflicting narratives produced a reverse in sentiment, with trading flows oscillating as participants reassessed the credibility of each side’s messages.

Outlook for markets

The immediate outlook remains driven by news flow and confirmation of talks; market participants are likely to follow official updates and any further clarifications from relevant authorities.