Iran has officially ceased its military strikes against Israel, marking a temporary de-escalation in the missile exchange that erupted over the weekend.
The Ministry of Foreign Affairs confirmed the halt to media outlets, signaling a pause in direct hostilities between the two regional powers.
However, the cessation comes with a stark caveat: Tehran warned it would immediately resume attacks if Israel continues its military operations in Lebanon.
However, the cessation comes with a stark caveat: Tehran warned it would immediately resume attacks if Israel continues its military operations in Lebanon.
The conditional nature of the ceasefire introduces significant uncertainty for global markets.
Energy traders are closely monitoring the Strait of Hormuz and regional shipping lanes, where any resumption of hostilities could disrupt supply chains and spike oil prices.
Defense stocks, which saw volatility during the initial escalation, now face a binary outcome depending on Israeli actions in Beirut.