Trump signals possible Iran deal as oil prices fall

Donald Trump said Monday that a deal with Iran "could happen," signaling a shift in tone after weekend threats, as oil prices fell sharply on hopes of avoiding war. The US president wrote on Truth Social that Iran wants an agreement "as quickly as possible," while Vice President JD Vance expressed optimism about a negotiated end to the conflict. Iran said consultations are "intense" and offered to reopen the strategic Strait of Hormuz in two days, down from seven, but maintained its strict conditions. The conflict began with US-Israeli strikes on Iran on February 28, with Tehran blocking the strait since then. Brent crude dropped 7.64% to $104.77 per barrel, though analysts caution the diplomatic signals may be tactical ahead of Tuesday's midterm elections.