Amid the U.S.-Iran conflict under Operation Epic Fury launched March 1, President Trump's diplomatic outreach to key foreign leaders has shaped trader consensus on this multi-outcome market tracking phone calls or in-person talks through March 31. Credible reports, including a New York Times article on March 24 detailing Saudi Crown Prince Mohammed bin Salman's push for continued pressure on Iran and a Middle East Monitor update on an April 1 disclosed March phone call discussing ceasefire efforts, have elevated MBS as the frontrunner, underscoring Saudi influence on Gulf stability and the Strait of Hormuz. Mid-March reporting of a Trump call with NATO Secretary General Mark Rutte airing alliance support shortfalls in the war bolsters that outcome, while lacking evidence keeps Xi Jinping improbable. With March closed, resolution awaits consensus of credible sources amid ongoing disputes.