Pakistan’s PM had said the ceasefire would cover Lebanon; Iran says passage through the strait of Hormuz will be allowed for the next 2 weeks. Follow the latest newsUS and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of HormuzIran war ceasefire announcement – what we know so farThe ceasefire has offered some immediate relief to countries struggling with fuel supply, but hopes the truce will quickly restore normality are misplaced, analysts have suggested.Saul Kavonic, the head of energy research at MST Financial, said the two-week pause provided “an off-ramp for Trump’s overly bombastic ultimatum, but not yet an off-ramp for oil markets or the war”. He told Reuters it was unlikely the shut in oil and LNG production would resume until there was more confidence in a lasting ceasefire. Continue reading...
Middle East crisis live: Iran war ceasefire doesn’t include Lebanon, says Israel; Trump says uranium will be ‘taken care of’
Pakistan’s PM had said the ceasefire would cover Lebanon; Iran says passage through the strait of Hormuz will be allowed for the next 2 weeks. Follow the latest news US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of Hormuz Iran war ceasefire announcement – what we know so far The ceasefire has offered some immediate relief to countries struggling with fuel supply, but hopes the truce will quickly restore normality are misplaced, analysts have suggested. Saul Kavonic, the head of energy research at MST Financial, said the two-week pause provided “an off-ramp for Trump’s overly bombastic ultimatum, but not yet an off-ramp for oil markets or the war”. He told Reuters it was unlikely the shut in oil and LNG production would resume until there was more confidence in a lasting ceasefire. Continue reading...
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