Summary
- Netanyahu and Trump were reported to have held a phone call on Monday.
- Trump said Israel and Iran both want an immediate ceasefire and that peace talks are underway.
- Progress in ceasefire talks could ease pressure on international oil prices and sentiment toward risk assets.
Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump spoke by phone on Monday, according to a report, as military tensions between Israel and Iran continued.
Walter Bloomberg, a global markets news account, reported on X on June 8, citing an Israeli source, that Netanyahu and Trump held the call on Monday.
The details of the conversation were not disclosed. Earlier, Trump wrote on Truth Social that Israel and Iran both wanted an immediate ceasefire and that peace talks were underway.
The report of the call came shortly after Iran's military declared the end of its operation against Israel. Iran also warned it would retaliate more forcefully if Israel resumed attacks on Lebanon.
Markets are watching whether Trump's mediation efforts and Israel's response will help ease tensions in the Middle East. Progress in ceasefire talks could also ease pressure on international oil prices and sentiment toward risk assets.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
