The US and Iran agreed to a two-week ceasefire, with both sides claiming victory. Global reactions welcomed the truce, urging a peaceful resolution. However, Israel stated that Lebanon is not included in the ceasefire.
President Donald Trump announced a two-week ceasefire in the Middle East, proposed by Pakistan. This ceasefire is conditional on Iran immediately and completely reopening the Strait of Hormuz. Israel supports the truce but stated it does not cover military operations in Lebanon.
Iran and the US agreed to a two-week ceasefire and safe transit through the Strait of Hormuz. Middle Eastern nations welcome the truce and urge negotiations for a permanent end to the conflict. Countries like Saudi Arabia and Qatar emphasized regional stability and securing maritime trade routes.
Markets are reacting positively to the news of a two-week ceasefire between the US, Iran, and Israel. The briefing will analyze the impact of this truce on global energy supplies. It will also cover the effect on DM and EM growth and inflation under a baseline conflict scenario.
Oil prices tumbled and stocks surged following a Middle East ceasefire, driven by hopes that oil flows through the Strait of Hormuz could resume. This relief rally followed weeks of volatility after US and Israeli strikes on Iran. However, investors remain skeptical about whether the ceasefire will lead to a lasting resolution.
Ukrainian Foreign Minister Sybiha welcomed the Middle East ceasefire and the reopening of the Strait of Hormuz. He praised the agreement between President Trump and the Iranian regime as a demonstration of American decisiveness. Sybiha argued that this momentum should be used to increase pressure on Moscow.
US President Donald Trump hailed the two-week ceasefire agreement with Iran, suggesting it could usher in a 'golden age' for the Middle East. He stated that if Iran agrees to fully open the Strait of Hormuz, the US would suspend bombing and attacks for two weeks. The US also pledged to assist with traffic buildup and reconstruction efforts in the region.
The UK Prime Minister is traveling to the Middle East to meet allies and discuss diplomatic efforts to support the ceasefire agreement. A key objective of the visit is to ensure the permanent reopening of the Strait of Hormuz. The Prime Minister will also acknowledge the defensive support provided by allies against Iranian aggression in the region.
Kazakhstan's President welcomed a full Middle East ceasefire mediated by Pakistan, hoping it will support global stability. President Trump announced a temporary suspension of planned military strikes against Iran, granting a two-week diplomatic window. This truce is contingent on Iran fully opening the Strait of Hormuz, setting the stage for a broader agreement.
Following a ceasefire agreement between the US and Iran, Prime Minister Starmer is visiting Middle Eastern nations to discuss diplomatic support. The truce was reached after pressure from President Trump, who demanded the opening of the Strait of Hormuz. Both sides aim to ensure safe passage during the ceasefire while working toward a lasting agreement.