Trump says a deal has been reached to "cancel tonight's strikes on Iran." Iran has now rejected that claim, calling it "baseless" and saying no agreement has been approved. Iranian officials also said Trump's comments should be disregarded, pointing to what they described as "38" previous deal-imminent announcements over the past two months. A senior Israeli official has also said they're "not aware of any agreement being reached." Less than a day after markets started pricing in de-escalation, we're getting very different messages from all sides.

Trump says a deal has been reached to "cancel tonight's strikes on Iran."

Iran has now rejected that claim, calling it "baseless" and saying no agreement has been approved.

Iranian officials also said Trump's comments should be disregarded, pointing to what they described as "38" previous deal-imminent announcements over the past two months.

A senior Israeli official has also said they're "not aware of any agreement being reached."

Less than a day after markets started pricing in de-escalation, we're getting very different messages from all sides.

— That Martini Guy ₿ (@MartiniGuyYT) Jun 12, 2026