June 9, 2026 1:46 PM

Temporary halt in Iran-Israel exchanges offers brief respite to West Asia

A fragile pause in hostilities appears to be holding across West Asia after a sharp escalation between Iran and Israel that briefly threatened to collapse a two-month-old ceasefire. While direct exchanges have reportedly slowed, both sides remain on high military alert, and officials continue to warn that the situation remains volatile. The latest round of tensions was triggered following an Israeli airstrike in Beirut targeting Hezbollah positions, which prompted Iran to launch ballistic missi...

June 24, 2025 9:02 AM

Global shares rally, oil slumps as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed. Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours, after which the war would be considered "ended". There was no immediate comment yet from Israel. While an Iranian official earlier confirmed that Tehran had agreed to a ceasefir...