For Asia, US-Iran ceasefire offers little relief – and much uncertainty
Global Analysis by Policy Wire: The two-week ceasefire between the United States and Iran is a real diplomatic breakthrough. It has reopened the Strait of Hormuz, triggered a relief rally in global...
Global Analysis by Policy Wire:
The two-week ceasefire between the United States and Iran is a real diplomatic breakthrough. It has reopened the Strait of Hormuz, triggered a relief rally in global markets and eased the immediate fear of a spiralling energy shock. But its strategic significance lies less in the relief it has produced than in the uncertainty it leaves behind.
The truce is time-limited, tied to negotiations…
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