In a significant development, oil prices witnessed a decline while stock markets experienced an upswing following a statement from Donald Trump regarding the potential end of hostilities with Iran. The U.S. President announced via social media that the ongoing conflict, referred to as "Epic Fury," would conclude and the Strait of Hormuz would be accessible to all, contingent upon Iran reaching an agreement with...
Iranian President Masoud Pezeshkian has pressed Gulf states to make a clear choice between pursuing peace and continuing to facilitate war against Iran. His message, delivered as the conflict between Iran and the United States entered its second month, frames the Gulf's security dilemma in stark and simple terms. Tehran is using the war's regional spillover as a diplomatic lever to force Gulf governments...