US-Iran negotiation extensionThe United States Senate has narrowly rejected a resolution aimed at restricting President Donald Trump’s ability to engage in military actions against Iran without prior Congressional approval. Market pricing suggests that this outcome may decrease the likelihood of extending the current U.S.-Iran negotiation period, as it indicates a continued aggressive stance towards Iran. AdvertisementKey TakeawaysThe Senate’s rejection of the resolution suggests continued support for President Trump’s current military posture towards Iran. Market pricing indicates a decreased likelihood of extending the U.S.-Iran negotiation period, as reflected in recent odds changes. What to WatchObservers now turn their attention to potential responses from Iran and any forthcoming statements from key actors such as President Trump and Iranian Foreign Minister Abbas Araghchi.