Two-Week US-Iran Ceasefire Triggers Relief Rally — But Fragility Remains High

A temporary two-week ceasefire between the US and Iran sparked an initial relief rally across global markets, but the agreement already looks shaky as disputes over terms and continued fighting raise fresh concerns. Latest Developments Iran has threatened to withdraw from the truce if Israeli strikes on Lebanon continue. Israel and President Trump have stated that Lebanon was not included in the ceasefire agreement. Israel launched major airstrikes on over 100 sites in Lebanon, resulting in dozens killed and hundreds wounded. Reports of Iranian missile and drone activity continue to affect Gulf states, including the UAE, Kuwait, Qatar, Bahrain, and Saudi infrastructure. The Strait of Hormuz remains a critical flashpoint — tanker traffic has been inconsistent, with Iran briefly allowing pas...