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Maybe I should have titled the article; ‘war in-between war’. I haven't really been following up with the Middle East war since a ceasefire was placed. days earlier. Nevertheless, the war dance since April 28 is still persisting with what is going on just more like an opportunity to clean riffles for next rounds.
Trump sent a warning he was going to level down an entire civilization if Iran doesn't come up to agree to a deal. Ok, over here, the time was set at 2:AM on April 8th if I am not mistaken.A deal came in before the countdown could elapse. It has been five days into the 12 weeks ceasefire and if you are to ask me of changes economically down here, there is nothing much to say.
gas prices are still high and someone close to me who is working at a gas station said diesel price increased again that very day of the ceasefire agreement. I am not much surprised, it is something that has become more like a national norm here. Big companies always react at the speed of light to price hikes but when it comes to returning to at least its original, it will take months or even never.
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We are still spending high on logistics and as it stands, if this tension escalates after the two weeks ceasefire, we are likely to hear new gas prices. Talking of such possibilities, negotiations have not been going as expected (or maybe I can also say, it is going as expected because many were expecting resistance from Iran yet again).
You can even ask; where they agreeing to the ceasefire just to get a two weeks relief before getting back to actions. Some check boxes were ticked but the most important ones of which a ‘no nuclear Iran' is TOP was ignored.
Trump’s next move even before the ceasefire time is over has been to create a blockade within the straits. Iran is benefiting from a toll within the Hurmoz with shipping fees worth millions of dollars to their favor. President Trump calls this an extortion with immediate plans to stop it using the US Navy. Any ship in-between will be locked in and it gets more unbearable with those complying with Iran toll fees.
To conclude, let me add, It is a question of can we be getting another fire in-between the ceasefire period?. Trump says if a single attack occurs to his navy, he will obliterate the attackers without looking back. What is your take home here; can the after ceasefire event be worse than what was earlier recorded as damage. The market seems to be swinging with uncertainties in the process. Let's hear your own side of the contribution.
This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.
