📈 US-Iran Ceasefire Reached as Israel Objects

• Overall Developments: A fragile 14-point memorandum signed in Switzerland has established a 60-day ceasefire between the US and Iran following severe military setbacks for US-Israeli forces. The deal is expected to ease global economic pain by lifting Iran's blockade on the Strait of Hormuz, allowing the resumption of vital oil and gas transportation. • Key Financials & Sanctions: The provisional agreement requires the termination of all US sanctions against Iran and the release of frozen Iranian assets. Furthermore, it outlines US$ 300.00 Bn for Iran's reconstruction from yet-to-be-disclosed sources. Harvard public policy experts estimate the US spent nearly US$ 1.00 Tn during the conflict. • Geopolitical & Sector Impacts: Iran is negotiating from a position of strength, maintaining its right to peaceful uranium enrichment under IAEA supervision. The geopolitical shift heavily impacts global energy markets and maritime trade routes, which are critical to net-importing economies like Sri Lanka's energy and logistics sectors. • Regional Conflict: While the ceasefire resolves immediate US-Iran hostilities, Israel has rejected the memorandum due to the survival of Iran's nuclear program. Tensions remain high as Israel continues its occupation of South Lebanon, while the future of Gaza and the West Bank remains conspicuously omitted from the official text.