Trump Extends Iran Deadline as 45-Day Ceasefire Proposal Emerges

Media reports indicate a proposed 45-day ceasefire between the United States and Iran, as President Trump extends the deadline for reopening the Strait of Hormuz until Tuesday evening. However, new technical analysis suggests that implementing such a ceasefire may be structurally impossible due to deep-seated military and political complexities. Despite these structural hurdles, global market sentiment is characterized as "clinging to hope" in the face of the looming deadline. The extension follows previous threats of US strikes on Iranian infrastructure, including power plants and bridges, should diplomacy fail to reach a breakthrough. President Trump is expected to address these developments and the rescue of a US officer in a press conference scheduled for Monday. Energy markets, particularly WTI and Brent Crude, remain highly volatile as traders weigh analytical skepticism against the potential for a temporary reprieve. This shift toward skepticism highlights the increasingly fragile nature of the current diplomatic window to avoid a broader conflict.