Benchmark rises 1.5% after US president calls Iran’s response a ‘significant step’ but warns Washington has ‘many alternatives’
-Markets remain volatile amid uncertainty over ceasefire talks and Strait of Hormuz disruptionsApril 06, 2026
Proposed agreement has two phases: 45-day ceasefire to allow time for broader negotiations and permanent settlement addressing Iran’s uranium stockpile, reopening of Strait of HormuzApril 06, 2026
US president's use of Islamic phrase alongside war threats shows 'contempt for religious beliefs,' says Council on American-Islamic RelationsApril 06, 2026
