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.
Despite a two-week ceasefire agreement between the US and Iran, military clashes continue across the Middle East. Iran insists on retaining control of the Strait of Hormuz and continuing uranium enrichment. Amid ceasefire uncertainty, regional instability and energy market tensions are escalating.
President Trump welcomed the ceasefire agreement between the US, Israel, and Iran, calling it a 'big day for World Peace.' He assured support for traffic buildup in the Strait of Hormuz. Iran claimed to have forced Washington to accept a 10-point plan covering sanctions relief and recognition of uranium enrichment.
The US and Iran agreed to a two-week ceasefire, which global powers welcomed while urging for long-term peace. Japan stressed the need for concrete steps, including ensuring safe passage through the Strait of Hormuz. Israel later noted that the ceasefire does not include Lebanon, highlighting some discrepancies.