Israel and Lebanon agree to renew ceasefire
Israel and Lebanon on Wednesday agreed to renew a ceasefire but said it would require a "complete cessation" of fire by Iran-backed Hezbollah. The agreement was announced in a joint statement after US-led talks in Washington.
The two sides, which do not have formal diplomatic relations, also agreed to establish a number of “pilot security zones" in which the Lebanese armed forces "will take exclusive control of the territory to the exclusion of all non-state actors."
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.70% on the day at $93.25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
As Nscale submits its IPO application, Bernstein "diagnoses" AI computing power cloud: CoreWeave (CRWV.US) "underperforms the market," IREN (IREN.US) "outperforms the market"
Last Friday, the emerging British AI computing power company Nscale officially submitted its S1 prospectus. This long-anticipated document offers a new reference point for Bernstein to analyze the business model, competitive barriers, and potential risks of the new generation of computing power cloud sector.
Cardano rises 17% in one month, eyes top 10 amid market rally
Solana Flips Robinhood Chain to Lead Tokenized Commodities DEX Volume
Indian Rupee cushioned by RBI’s likely intervention, outlook remain fragile
Crypto prices
More
