“Virtually nothing has changed yet, and the markets overreacted to the announcements” …
… “Tehran put limits on the Strait of Hormuz’s opening, as the United States issued a new sanctions exemption on the sale of Russian oil”:
- Iran Disputes Claims of New Agreements with Trump (Washington Post)
“International flights are now allowed to transit through eastern part of Iran’s airspace, says Civil Aviation Organization“:
- Iran Announces Partial Reopening of Airspace (Andalou Ajansi)
“[T]his war has demonstrated how the superpower that has always tried to cloak its use of power with legitimacy and, as a last resort, has become a disruptive and crude rogue state” — Stephen Walt, professor of international relations at the Harvard Kennedy School:
- What Trump’s Handling of the Iran War Has Done to Perceptions of US Power (Christian Science Monitor)
“The question is, how will markets continue to cope with increased volatility that seems to be happening on a daily basis?”:
“The military operation has exposed a deepening rift among the GOP, with some lawmakers growing wary about how long it could last, as Trump offers conflicting messages on whether the U.S. has achieved its stated objectives”:
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