Israel and Lebanon agree to renew ceasefire
Israel and Lebanon on Wednesday agreed to renew a ceasefire but said it would require a "complete cessation" of fire by Iran-backed Hezbollah. The agreement was announced in a joint statement after US-led talks in Washington.
The two sides, which do not have formal diplomatic relations, also agreed to establish a number of “pilot security zones" in which the Lebanese armed forces "will take exclusive control of the territory to the exclusion of all non-state actors."
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is up 1.70% on the day at $93.25.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Rack Upgrades Enter a "System Efficiency Battle"! With the OCP Summit Approaching, Jefferies Decodes 1.6T Scaling, Memory Expansion, and High-Voltage Power Supply
AI rack upgrades are entering a "battle for data transmission efficiency": as cluster sizes expand, the bandwidth, latency, and power consumption of high-speed interconnections are increasingly affecting GPU utilization and overall computing power output.
Gold firms, silver slides as oil surge revives inflation pressure - Kitco AM Report
SEC opens door to 3x Bitcoin and Ethereum funds – Here’s the catch!
US Stock Market Preview | All Three Major Stock Index Futures Fall, Oil Prices Surge Over 4%, SpaceX, Broadcom, and Oracle Simultaneously Advance Chip Financing
On October 8 (Thursday), before the US stock market opened, futures for the three major US stock indexes all declined.
Crypto prices
More
