The US and Iran are reportedly considering a two-week ceasefire extension to buy time for peace talks, lowering the immediate risk of renewed fighting. The key geopolitical focus remains the Strait of Hormuz, where any escalation could quickly affect global energy and shipping markets. The news is broadly stabilizing near term, but the situation remains highly uncertain.
The US and Iran are reportedly considering a two-week ceasefire extension to buy time for peace talks, lowering the immediate risk of renewed fighting. The key geopolitical focus remains the Strait of Hormuz, where any escalation could quickly affect global energy and shipping markets. The news is broadly stabilizing near term, but the situation remains highly uncertain.
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