UK Government says UK PM Starmer and US Present Trump spoke this evening, and agreed there is a ceasefire in place, agreement to open the Strait, and we are at the next stage of finding a resolution
The discussions between PM Starmer and former President Trump signaling a ceasefire and plans to reopen the Strait can alleviate geopolitical tensions, primarily affecting energy markets.
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US President Trump criticises Tucker Carlson, Megyn Kelly and Candace Owens; I only care about doing right for our Country, MAGA is about winning and strength in not allowing Iran to have Nuclear Weapons
UK Government says UK PM Starmer and US Present Trump spoke this evening, and agreed there is a ceasefire in place, agreement to open the Strait, and we are at the next stage of finding a resolution
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Newsquawk US Market Wrap: Stocks bid and oil off highs on broader Middle East ceasefire hopes
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- Discussed the need for a practical plan to get shipping moving again as quickly as possible and agreed to speak again soon.
This development is likely to boost risk sentiment in equities and support oil prices, particularly WTI, as improved shipping could ease supply concerns. Traders should monitor how this geopolitical shift influences currency flows and broader market reactions in the coming days.
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