White House Press Secretary Leavitt says that Lebanon is not part of the ceasefire agreement with Iran, Axios' Ravid reports
The statement from White House Press Secretary Leavitt indicating that Lebanon is not included in the ceasefire agreement with Iran suggests potential escalation in regional tensions, which could impact oil prices and risk sentiment globally.
Fed's Williams (voter) says monetary policy is “really well positioned” for the Fed to “wait and see” on the economic consequences of war in Iran, speaking with Bloomberg
Kuwait says fires broke out at some energy sites following attacks; includes power stations, resulting in "severe material damage to infrastructure facilities, generation units and fuel tanks"
White House Press Secretary Leavitt says that Lebanon is not part of the ceasefire agreement with Iran, Axios' Ravid reports
US White House pushed Pakistan to broker the Iran ceasefire, believing it being delivered via Pakistan would increase the odds of acceptance; Trump has sought a ceasefire amid oil price concerns since at least March 21st, FT reports citing source
Brazil's Lula says government to propose a bill to cut working hours without a salary reduction, to be proposed this week; would nationalise refineries if it "were up to me"
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This development may drive safe-haven flows into assets such as gold and the USD, as markets assess the implications for stability in the Middle East.
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