President Donald Trump is in private discussions with senior aides about declaring the ongoing U.S.-Iran conflict over, suggesting a potential shift in strategy that could affect negotiations for a U.S.-Iran deal in 2026. The discussions come as U.S. forces continue airstrikes on Iranian targets and Iran retaliates across the Gulf region. No official statements have been released by the White House or Iran. Market participants are seeing a slight increase in the probability of such a deal, particularly if it includes Iran Reconstruction Funding, reflecting cautious optimism despite the high tensions. The information stems from a social media report by @Kalshi, and observers are watching for de-escalation signals and the involvement of mediators from Qatar and Pakistan.