Trump is to make an announcement on the future of the Iran deal at 2 p.m. (1800 GMT) on Tuesday. Iran has ruled out renegotiating the agreement and threatened to retaliate, although it has not said exactly how, if Washington pulled out. "We're getting conflicting reports about the Iran deal," said Michael Antonelli, managing director, institutional sales trading at Robert W. Baird in Milwaukee. The Iran deal may remain partially intact, even without the United States. Iran's growing military and political power in Yemen, Syria, Lebanon and Iraq worries the United States, Israel and US Arab allies such as Saudi Arabia.

Source: bd News24 May 08, 2018 16:52 UTC