US President Donald Trump stated that a peace deal with Iran remains possible despite ongoing hostilities, but expressed a loss of faith in Iranian authorities due to alleged misrepresentation and a recent missile strike against US forces in Jordan during negotiations.
Senator Rick Scott accused Pakistan of hypocrisy for mediating a US-Iran peace deal after PM Shehbaz Sharif attended Ayatollah Khamenei's funeral in Tehran, questioning Islamabad's credibility.
The Reserve Bank of India's bi-annual report states an interim US-Iran peace deal could boost India's economic growth by normalizing supply chains. Despite strong macroeconomic fundamentals, the RBI warns of inflation risks from high oil prices and monsoon, and identifies AI cyber threats as a major financial risk.
The head of the IAEA, Rafael Grossi, confirmed that the interim peace agreement between the U.S. and Iran grants U.N. inspectors access to Iran's nuclear sites, despite a "war of statements" between the parties regarding the scope of inspections. The deal also aims to end hostilities in the Middle East.
Lebanon is caught between Iran and Israel as conflict escalates, displacing over a million and causing billions in damage. An Egyptian-backed peace framework proposes integrating Hezbollah into the Lebanese army and transforming it into a political entity, but faces significant challenges regarding reciprocity and regional power dynamics.
India's NSA Ajit Doval welcomed the US-Iran MoU, expressing 'cautious optimism' for regional stability, energy security, and eased supply chains. He highlighted improved access through the Strait of Hormuz and the need for multilateral cooperation amid global uncertainties.
A proposed $300 billion reconstruction fund for Iran, part of a US peace deal, is causing concern among Arab allies and US Democrats. The Trump administration claims funds will come from Gulf states and private investors, not US taxpayers, but critics fear a wealthier Iran will expand its regional influence.
Mediators from Qatar and Pakistan announced "encouraging progress" in US-Iran peace deal talks held in Switzerland. The negotiations, which included high-level delegations from both nations, aim to end hostilities and establish a communication line for safe passage through the Strait of Hormuz.
Hezbollah leader Naim Kassem hailed a US-Iran memorandum of understanding as a 'great victory' for Lebanon, linking it to a halt in fighting. However, analysts suggest the deal's true impact on Hezbollah and Israel's occupation of southern Lebanon remains uncertain, with continued fighting and differing interpretations of the agreement.
A US-Iran peace agreement, intended to start 60 days of formal negotiations, is jeopardized by Israel's intensified military campaign in southern Lebanon. US Vice President JD Vance canceled his trip to Switzerland for talks after Israeli bombing killed at least 18 people, leading Iran to demand implementation of the ceasefire in Lebanon before proceeding.
Donald Trump claimed "OIL IS FLOWING," "STOCK MARKETS ARE ROARING," and "PRICES ARE DROPPING" on Truth Social. While the Dow Jones hit a record high, other indices slipped. Petrol prices are down from May highs but still above pre-war levels. Job growth is not at record levels, and layoffs are increasing.
India has welcomed the US-Iran peace deal, with Foreign Secretary Vikram Misri stating New Delhi is in close contact with West Asian partners and ready to contribute to regional peace and stability through dialogue and diplomacy.
An LNG tanker, the Mraikh, loaded in Qatar and stranded since February, is approaching the Strait of Hormuz. This signals a potential revival of traffic after a reported US-Iran peace deal, which could reopen the vital waterway impacting 20% of global LNG supplies.
A potential US-Iran peace deal is offering hope to India's real estate and construction sectors by potentially lowering oil prices and easing supply chain issues. Developers anticipate reduced construction costs and improved project margins, with stability in the Gulf also expected to boost housing demand from non-resident Indians.
An LNG tanker, Mraikh, loaded in Qatar and stranded since February, is approaching the Strait of Hormuz, signaling potential traffic revival after a US-Iran peace deal. The reopening of the chokepoint, which disrupted 20% of global LNG supplies, is expected to restore Qatar's export capacity.
US President Donald Trump signed a US-Iran peace deal memorandum of understanding with Iran's President Masoud Pezeshkian at the G7 summit in Versailles. The agreement aims for a ceasefire, economic cooperation, and sanctions relief, potentially reopening the Strait of Hormuz and lowering energy prices.
US President Donald Trump signed the US-Iran peace deal memorandum of understanding (MoU) with Iran's President Masoud Pezeshkian at the G7 summit in Versailles. The agreement aims for a ceasefire, economic cooperation, and sanctions relief, potentially reopening the Strait of Hormuz.
G7 nations sign joint declaration, welcoming US-Iran peace deal and reaffirming support for Ukraine, at the G7 Summit in France
A draft US-Iran peace deal reportedly offers Tehran a $300 billion private investment fund, immediate oil export waivers, and access to over $100 billion in frozen assets. The agreement, set to be signed in Switzerland, contradicts President Trump's public statements. The private fund, with over $150 billion committed, aims to incentivize a final deal.
South Korean bond market sentiment saw a slight improvement for July, with the Bond Market Survey Index (BMSI) rising to 85.1. This uptick is attributed to easing tensions following an agreement between the United States and Iran to end the war in the Middle East.
The Indian rupee depreciated by 2 paise to close at 94.60 against the US dollar on Tuesday, halting a two-session gain. Despite easing crude oil prices and optimism over a US-Iran peace deal, foreign capital outflows from Indian equities capped the rupee's rise.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
Indian stock markets, Sensex and Nifty, rose for the third consecutive session on Tuesday, driven by positive global trends, foreign fund inflows, and easing crude oil prices following a reported US-Iran peace deal. The Sensex closed up 0.71% at 76,808.48 and Nifty 50 rose 0.57% to 23,989.15.
A potential US-Iran peace agreement could significantly benefit African economies by stabilizing global financial and commodity markets. Lower oil prices, reduced freight costs, and smoother trade flows would ease imported inflation, particularly for energy, fertilizers, and food, acting as a stimulus and food security package for many nations.
