"Brent crude, the international benchmark for oil prices, rose by 2.1% to $96.77 a barrel, while New York light crude rose by almost 3% to $97.23 a barrel."
"Both the UAE and Kuwait said yesterday that their air defences had been intercepting drones from Iran, indicating ongoing tensions despite the ceasefire."
"The IRGC warned of a regret-inducing response if Israel's strikes against Lebanon didn't stop immediately, highlighting the fragile nature of the ceasefire."
"Concerns about the durability of the ceasefire are heightened by reports of violations and the ongoing military actions in the region."
Oil prices have surged due to uncertainty surrounding the US-Iran ceasefire deal, with Brent crude rising by 2.1% and New York light crude by almost 3%. Asian stock markets have reacted negatively, with Japan's Nikkei down 0.7% and South Korea's Kospi dropping 2%. Investors are worried about the ceasefire's stability as Israel continues its military actions in Lebanon. Reports indicate violations of the ceasefire agreement, raising concerns about its effectiveness and the potential for further conflict in the region.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]