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The Prime Minister of Pakistan has stated that he has requested US President Trump to extend the deadline for Iran by two weeks and urged all parties in conflict to cease fire in all regions for two weeks in order to achieve a complete end to the Iran war through diplomatic means. He pointed out that diplomatic efforts aimed at peacefully solving the ongoing wars in the Middle East are progressing steadily. He also called on Iran to open the Strait of Hormuz as a gesture of goodwill in the next two weeks. The market quickly reacted to this information, with WTI crude oil falling by $2 in the short term, spot gold rising by nearly $40 and breaking through $4700, and US stocks edging higher.
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