"The war, which the US and Israel launched on February 28 as negotiations with Iran were ongoing, has had a high cost, roiling energy and stock markets worldwide, disrupting shipping and resulting in casualties across the Middle East."
"As of Tuesday, 1,500 people have been killed in Iran alone and 18,551 have been injured, according to official figures from the Iranian Health Ministry."
"After reports of the Trump administration's 15-point ceasefire plan surfaced on Wednesday, global stock prices rose slightly while oil prices nudged down."
"Observers say it is far from clear that talks are happening at all and if they are whether the two sides could successfully negotiate when their demands for ending the war remain so far apart."
A 15-point ceasefire plan from the US, including US-Israeli demands, has been sent to Iran through Pakistan. Iran has denied engaging in talks with the US, claiming the US is negotiating with itself. The ongoing war has resulted in significant casualties in Iran and disruptions in global markets. The Islamic Revolutionary Guard Corps has closed the Strait of Hormuz to shipping, allowing only select vessels to pass. Despite the ceasefire plan, the feasibility of successful negotiations remains uncertain due to conflicting demands from both sides.
Read at www.aljazeera.com
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