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High Impact

Iran, US Reach 60-Day Ceasefire Extension; Trump Approval Pending

📅
🏷Markets
📰via Middleeasteye
✍️Edited by Luís Barata

The White House announced that Iran and the United States have reached an agreement to extend a ceasefire for 60 days, pending approval from former President Trump. This development could influence geopolitical stability in the region, impacting risk appetite among investors and potentially leading to shifts in capital flows. Markets most exposed include energy assets, particularly oil, as any escalation or resolution in U.S.-Iran relations directly affects supply dynamics and pricing. Traders will be closely watching for Trump's response, as his approval could either solidify the ceasefire or reignite tensions, influencing market sentiment significantly.

Source: Originally reported by Middleeasteye at May 28, 2026. Summary and market context by Trading News Terminal editorial.

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