US-Iran War Live Updates: The newly proposed US-Iran peace agreement has sparked one of the year’s most significant market rallies, with the Dow Jones reaching an all-time high. Stay tuned for the latest developments regarding the conflict in West Asia.
Netanyahu, who is gearing up for an election in October, has distanced himself from the agreement, stating that Israeli military operations in Lebanon will persist. A senior Israeli official told Reuters that the initial deal is “detrimental to Israel,” noting that it lacks support among the country’s leadership.
Trump asserts that the 14-point peace deal has been electronically signed.
In a statement overnight, US President Donald Trump emphasized that Iran has agreed to “never pursue a Nuclear Weapon” and dismissed claims that Washington would provide Tehran with $300 billion under the deal, labeling them as “Fake News”.
Financial markets reacted positively to the potential for long-term peace. The Dow Jones Industrial Average jumped as much as 500 points during Monday’s trading session, closing at a record high, while the S&P 500 increased by 1.6% and the Nasdaq rose over 3%, marking its best performance in three months as investors welcomed the easing of geopolitical tensions and the reopening of the Strait of Hormuz.
Stay tuned to CNBC-TV18’s live coverage for the most recent updates on the US-Iran agreement, the Strait of Hormuz, global markets, diplomatic responses, and ongoing negotiations regarding Tehran’s nuclear program.
