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Posted Zero Hedge

Israel's Channel 12 TV is reporting that a ceasefire period of one month will be announced shortly, based on a mechanism that Witkoff and Kushner are working on.

The immediate reaction was a drop in crude oil prices...

...and the mirror image rise in US equity futures...

Obviously we have no confirmation of these reports, and Channel 12 does not cite sources.

Developing...

No Change in Trump Iran Rhetoric in latest from WH

Trump in the oval once again addressed the Iran conflict, saying "this is a change in the Iranian regime," and went further, stating, “I think we can say this is regime change."

Trump expressed confidence that negotiations would conclude successfully, saying, "they are going to make a deal; they gave us a significant prize worth tremendous amount of money," later reiterating that Iran had "gave us a very big present" worth "a very big amount of money" - supposedly the Strait of Hormuz. He asserted "we'll have control of anything we want."

He also hailed that Iran has been completely destroyed "militarily" - but without addressing the fact that Iranian forces continue to fire rockets on targets across the region. He at one point proclaimed once again: "we won" - but blamed the "fake news media" for not acknowledging that.

Trump on Iran:

They gave us a big present worth a tremendous amount of money; it arrived today.

It was oil and gas related.

We are dealing with the right people. pic.twitter.com/zWxH6xXmX6— Clash Report (@clashreport) March 24, 2026

Reports of US-Iran Peace Talks for Thursday

Axios reports another 'maybe' planned peace talks: "The U.S. and a group of regional mediators are discussing the possibility of holding high-level peace talks with Iran as soon as Thursday, but are still waiting for a response from Tehran, two sources with knowledge of the discussions" were cited as saying.

As has been the case for days, Tehran is denying that it is in dialogue with Washington, also as the White House has talked about "escalating to de-escalate" - and now amid reports of elite 82nd Airborne troops about to deploy to the region. Trump is reportedly interested in "winding down" the war, but is there an actual plan to do this? More from Axios:

  • Israeli Prime Minister Benjamin Netanyahu is concerned Trump might strike a deal that falls well short of Israel's objectives, includes significant concessions, and limits Israel's ability to conduct strikes against Iran, two Israeli sources say.
  • A third source said Israeli leaders were skeptical Iran had actually offered the concessions the U.S. claimed.

Trump confirms efforts, which may still be unreciprocated:

TRUMP: WE'RE IN NEGOTIATIONS WITH IRAN RIGHT NOW

TRUMP: RUBIO, VANCE, OTHER PEOPLE ARE NEGOTIATING WITH IRAN

TRUMP SAYS IRAN IS 'TALKING SENSE'

TRUMP: IRAN AGREED THEY'LL NEVER HAVE A NUCLEAR WEAPON

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