Investors hoping for Iran war de-escelation

US stock markets are starting the month higher, as hopes grow that the war may soon de-escalate. President Donald Trump, who is set to address the American public later, says he wants to scale back military operations, promising the conflict could end within the next two to three weeks. Oil prices have eased on those remarks, even as Washington acknowledges it has not secured control of the strategic Strait of Hormuz. Still, the White House maintains its core objectives in the region have been met. All eyes turn to that address for clarity on what comes next.