Instead of \"wiping out a civilization,\" as the US president threatened last night, the parties chose to enter into a two-week ceasefire in Iran.<\/p>\n
Iran presented a ten-point list ahead of peace talks to begin in Pakistan on Friday. The US president says it is a good starting point for further negotiations.<\/p>\n
During the two-week ceasefire, some traffic through the Strait of Hormuz will be allowed, under Iranian control.<\/p>\n
Israel says it will accept the ceasefire in Iran, but that the ceasefire does not include Lebanon. According to the mediator for the ceasefire, Lebanon will also be included in the ceasefire.<\/p>\n
According to Iran's ten-point list ahead of the peace talks, they will be given the right to enrich uranium, the right to control and tax traffic through the Strait of Hormuz, and all economic sanctions against Iran will be lifted.<\/p>\n
There is a lot to negotiate if the US is to be able to sell an end to the war as a success.<\/p>\n
Crude oil prices are falling by around 15 percent to levels around USD 95 per barrel. Gas prices, which are so important for the production of nitrogen fertilizer, are falling significantly less, only a few percent.<\/p>\n
Before the war, crude oil in the area was trading at $60 to $70 per barrel.<\/p>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":98389,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5204],"tags":[],"class_list":["post-98388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news"],"acf":[],"yoast_head":"\n