Trump Says Israel, Hezbollah Agree to Halt Mutual Attacks
Summary
- President Donald Trump said Israel and Hezbollah had agreed to stop all firing.
- Markets are watching how easing tensions on the Lebanon front could affect the broader Middle East situation.
- Markets are assessing whether the agreement, if implemented, could ease military tensions in the Middle East and affect global oil prices and safe-haven assets.
Forecast Trend Report by Period
President Donald Trump said Israel and Hezbollah have agreed to stop attacking each other.
Markets are watching whether easing tensions on the Lebanon front will ripple through the broader Middle East.
Walter Bloomberg reported on June 1 that Trump said Israel and Hezbollah had "agreed to stop all firing."
Trump also said the US would not send any forces to Beirut and had ordered back troops already in transit. He added that he had held constructive talks with Hezbollah through senior representatives. Israel will not attack Hezbollah, and Hezbollah will not attack Israel, he said.
Recent clashes between Israel and Hezbollah have complicated ceasefire talks between the US and Iran. Iran's state television had earlier warned that continued attacks on Lebanon could increase the chances of a ceasefire between Washington and Tehran breaking down.
Market participants are assessing whether the agreement, if implemented, could ease military tensions in the Middle East and affect global oil prices and safe-haven assets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
