Ceasefire Talks as Oil and Gold Move

American military operations inside Iran continue, with the U.S. Central Command announcing the completion of one wave and the initiation of a new one targeting sites within the country. Regional efforts are underway to de-escalate the situation through a tentative ceasefire lasting between 10 days and two weeks, on the condition of reopening the Strait of Hormuz passages and easing restrictions—although doubts remain about the durability of this ceasefire. Meanwhile, market attention is turning to the implications of these tensions on oil and gold markets, with oil prices holding steady around $82-88 per barrel, while gold prices have increased by $50 per ounce to reach $4,050, driven by the military escalation.

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