President Donald Trump said the truce will stay in place without a deadline while Washington waits for Tehran’s proposal, even as Iran resists negotiations under pressure. The disruption has lifted oil prices, keeping inflation risks and supply concerns firmly in focus.

The US 10-year Treasury yield climbed to around 4.31%, its highest level in more than a week, as elevated energy costs reinforced expectations that interest rates will stay steady. The dollar index held near 98.5, close to a one-week high, supported by continued demand for safety. 

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