Current Affairs

Current Affairs

Oil Prices Drop as US and Iran Agree to Ceasefire Deal

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Oil Prices Drop as US and Iran Agree to Ceasefire Deal

Global oil prices have fallen sharply after the United States and Iran agreed to a two-week ceasefire. The deal also includes the reopening of the Strait of Hormuz, a key waterway for oil shipments. Market Reaction to the Truce The news of the ceasefire caused a big reaction in financial markets around the world. The … Read more

US-Iran Ceasefire at Risk as Israel Launches Heavy Strikes on Lebanon

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US-Iran Ceasefire at Risk as Israel Launches Heavy Strikes on Lebanon

A fragile two-week ceasefire between the United States and Iran is under severe strain. The tension comes as Israel launched a large wave of airstrikes against Hezbollah in Lebanon, an act that key players like Iran and European diplomats say breaks the spirit of the truce. Israel’s Military Campaign in Lebanon Prime Minister Benjamin Netanyahu … Read more