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The Officials: Dubai premium feeling the pressure

1 min read

27 November 2024: 09:30 GMT

Ceasefire begins in Lebanon! Israel and Hezbollah agreed to a 60-day truce after mediation from the US finally saw some progress. The US is hopeful this first step will calm tensions in the Middle East and pave the way to broader de-escalation and we hope it does too. The ceasefire began at 4 am local time, and it looks like both sides are taking the agreement seriously. We’re happy So far, no violations have been noted. As part of the ceasefire deal, Israel requires Hezbollah’s fighters to move out of southern Lebanon to lands above the Litani River. We hope the ceasefire can last and the US optimism is not misplaced. Netanyahu clarified, “With the United States’ full understanding, we maintain full freedom of military action.” Hopefully, this presents an opportunity for leaders to come to their senses and stop the wasteful bloodshed.

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Our team of skilled analysts, by utilising the depth and breadth of Onyx's market knowledge, grants us an unparalleled perspective in the market, enabling us to identify and report emerging trends.