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Iran Says US Strike Breached Ceasefire Agreement

Source
Minseung Kang

Summary

  • Iran's Foreign Ministry said the US strike on Iran violated a ceasefire agreement.
  • The remarks kept market caution alive over the possibility of a military clash between the US and Iran.
  • A renewed rise in geopolitical tensions could also weigh on risk-asset sentiment.
Photo: Bloomingbit
Photo: Bloomingbit

Iran's Foreign Ministry said a US strike on Iran breached a ceasefire agreement, raising concern that tensions in the Middle East could flare again.

Odaily, a cryptocurrency-focused media outlet, reported on June 1 that Foreign Ministry spokesperson Baghaei described the US strike as "a violation of the ceasefire agreement."

The remarks come as markets remain cautious about the possibility of a military clash between the US and Iran. Any renewed geopolitical tensions could weigh on sentiment toward risk assets.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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