Oil rises and Asian stocks fall amid worries over ‘fragile’ ceasefire deal in Middle East – business live

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Mohit Kumar, of the broker Jefferies, says the “fragile” nature of the ceasefire deal has started to show cracks after Iran accused the US and Israel of breaking the terms due to attacks on Lebanon – but that the agreement could still hold.

Despite the fragile nature of the ceasefire, we believe that the truce will hold.

Not because we believe that a solution has been found but because of the MAD (mutually assured destruction) principle.

…US and Israel have realised that without a solution to cheap drone interceptors and someway to bypass the Strait of Hormuz, it’s a war that cannot be won.

IRGC will be struggling with a destroyed economy which can pave the path for an uprising later.

Hence, need time to consolidate their power particularly after a number of senior leaders have been killed.

Given the interest of both parties, we believe that an uneasy truce will hold.

All U.S. Ships, Aircraft, and Military Personnel, with additional Ammunition, Weaponry, and anything else that is appropriate and necessary for the lethal prosecution and destruction of an already substantially degraded Enemy, will remain in place in, and around, Iran, until such time as the REAL AGREEMENT reached is fully complied with.

If for any reason it is not, which is highly unlikely, then the “Shootin’ Starts,” bigger, and better, and stronger than anyone has ever seen before.

It was agreed, a long time ago, and despite all of the fake rhetoric to the contrary - NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE. In the meantime our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest.

AMERICA IS BACK!