BlockBeats News, June 12th. Trump has been hoping that this weekend could be a political highlight for him: the World Cup returns to the U.S. on Friday (first time in 32 years); UFC boxing match on Sunday, his 80th birthday, with thousands of guests at the White House; then he will fly to the G7 Summit in France. The "final war agreement between the U.S. and Iran by this weekend" that he suddenly proposed on Thursday has pushed market expectations to the peak.

On Friday, Iran's Mehr News Agency listed the detailed contents of the U.S.-Iran "14-point Memorandum of Understanding" draft, a draft exposed by the semi-official Iranian media, which Trump later refuted in a post.

Ali Vaez, Iran Project Director at the International Crisis Group, analyzed that Trump's threat of escalation demonstrates a "tough on Iran" stance to the domestic hardliners while actually seeking a "victorious exit."

Vaez revealed that while Trump was talking tough, negotiations between a mediation team from Pakistan, Turkey, Qatar, and Iran have made substantial progress. Iran's direct attack on Israel last weekend (in response to Israeli strikes on Hezbollah in Lebanon) has also made the U.S. realize that any further Israeli airstrikes on Lebanon would face strong Iranian retaliation, significantly raising the cost of the U.S.'s "defend Israel" commitment. "Trump wants to end the war, but what he desires is a victorious image and a safe exit, which are hard to reconcile."