Air ceasefire talk ahead of Trump-Zelenskyy meeting
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Last week, President Donald Trump declared that the “ceasefire” with Iran was “OVER.” But even during the ceasefire, the firing didn’t stop.
Iran proposed the 10-day ceasefire now under discussion between Washington and Tehran, The Jerusalem Post reported, citing two sources familiar with the negotiations. The sources said Tehran put forward the proposal as U.
Ceasefires in the Middle East are not bringing the peace many people expect. Despite agreements, fighting continues in Iran, Lebanon, and Gaza.
President Donald Trump declared the ceasefire over amid escalating strikes. Both sides are vying for control of the Strait of Hormuz.
When the U.S. brokered a ceasefire last year, Israel controlled half of Gaza. Now Israeli forces have pushed deeper, and Palestinians are paying a deadly price.
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But what does the end of the ceasefire, if indeed it is over as President Trump says, mean for the stock market going forward? Perhaps the biggest impact of renewed hostilities in the Persian Gulf will be on inflation and interest rates, market analysts say.
Gold climbed above $4,100 an ounce on Monday as the temporary halt to U.S.-Iran hostilities sent oil prices tumbling, reducing inflation fears ahead of a Federal Reserve meeting later this week. Spot gold rose as much as 1.