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Breather For Now? For How Long?
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Breather For Now? For How Long?

As a tentative US-Iran deal awaits Trump’s signature, the global economy is hoping for a break. But geopolitics as well as politics in Trump camp & among Iran hardliners, mean conflict can restart after a few months

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The emerging agreement between US and Iran, will likely create some breathing space for the world economy. Trump is yet to sign off on this. If he does, per initial reports, the focus will be on reopening Strait of Hormuz, providing some sanctions relief for Iran, and implementing a temporary ceasefire for the next two months. That could create some space to negotiate a broader agreement, including on ways to ensure Iran’s nuclear programme is kept peaceful.

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