In a recent development, oil prices took a downturn and stock markets experienced a rise following statements from Donald Trump indicating the potential end of hostilities with Iran. The U.S. President expressed optimism about reaching an agreement with Tehran that could lead to the reopening of the strategically important Strait of Hormuz. Trump announced on social media that should Iran comply with the terms...
Iranian President Masoud Pezeshkian has appealed to Gulf nations' long-term interests even as the short-term costs of the war continue to mount for both sides. His message, delivered more than a month into the Iran-US conflict, urges Gulf governments to look beyond their immediate alliance commitments and consider what is truly in their long-term interest. Tehran is seeking to shift Gulf governments' time horizons...
