Middle East War updates: Trump says US-Iran peace deal ‘isn’t even fully negotiated yet’
Finance Middle East War updates: Trump says US-Iran peace deal ‘isn’t even fully negotiated yet Heres a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.Axios reported late Saturday, citing a US official, that the United States (US and Iran are close to signing an agreement that involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, Iran would agree to clear mines it deployed in the waterway and allow ships to pass freely. In exchange, the US would lift its blockade on Iranian ports.The Axios report also added that “The US official said it would not be a ‘one-sided ceasefire’ and if Hezbollah tried to rearm or instigate attacks, Israel would be allowed to take action to prevent it. ‘If Hezbollah behaves, Israel will behave.’”US Secretary of State Marco Rubio said on Sundaty: “We‘re not kicking it till later. Nuclear talks are highly technical matters. You can’t do a nuclear thing in 72 hours on the back of a napkin.”“So right now, we have seven or eight countries in the region that are endorsing this approach,