The US-Iran war has temporarily paused! Trump stated: negotiations will resume next week, but an agreement may not necessarily be signed.

On the second day of the ceasefire between Israel and Iran, Trump spoke at the NATO summit this morning, June 26, stating that the US and Iran will hold talks next week, but he remains cautious about the necessity of signing a new protocol. Trump also emphasized that airstrikes have "destroyed" Iran's nuclear facilities, raising concerns among various sectors about the upcoming diplomatic direction.

Trump claims the conflict has paused and completely destroyed nuclear facilities; experts: still to be confirmed.

After Trump mentioned the U.S. airstrikes against Iran, the conflict has temporarily subsided, and he also stated that he will talk with Iran next week, and "perhaps" sign a protocol. He also claimed that the U.S. military has "totally destroyed" targets such as the nuclear facilities in Natanz (Natanz), Isfahan (Isfahan), and Fordow (Fordow), and he subsequently stated:

The conflict has ended, but will it start again? There is a possibility.

However, during a podcast, Mara Karlin, a visiting scholar at the Brookings Institution in Washington and the Assistant Secretary of Defense during the Biden (Joe Biden) administration, stated that the U.S. military did indeed airstrike surface facilities, but whether the underground centrifuge hall was completely destroyed remains to be confirmed.

The picture shows the damage at the entrance of the Isfahan Nuclear Technology Research Center in Iran after being bombed by the US military on the 22nd. Iran shows goodwill, and the US is willing to restart the protocol.

After the ceasefire agreement between Israel and Iran, both the US and Iran decided to resume diplomatic relations. The Iranian delegation to the United Nations stated:

The logic of war has already failed, please return to the logic of diplomacy.

However, regarding Trump's proposal for negotiations next week, Iran has not yet officially responded. However, before Israel launched an attack on June 13, U.S. envoy Steve Witkoff had led negotiations with Iran five times, hoping to replace the Iran nuclear protocol that Trump withdrew from in 2015.

In this regard, Witkoff revealed during the interview:

"The level of enriched uranium that the United States is most concerned about is whether it is moving towards weaponization. This is what we care about the most, but we still hope that both sides can peacefully reach a protocol."

Oil prices have plummeted, with Israel estimating a 1% GDP loss.

According to Bloomberg, this wave of conflict has also heavily impacted the oil market, with oil prices dropping about 14% in two days, nearly returning to pre-war levels. Although there was a slight rebound on Wednesday, Trump stated at a press conference that sanctions against Iran would not be lifted in the short term. As shown in the figure below:

At the beginning of the conflict ( 6/13 after ): Oil prices surged due to significant supply disruption risks.

Ceasefire news (6/23 On that day ): Oil prices plummeted 6% in a single day, quickly falling back to pre-conflict levels.

After the ceasefire: Geopolitical risk premium disappears, oil prices stabilize at a lower range.

Regarding China's continuous purchase of Iranian crude oil, Trump expressed helplessness.

"If they want to sell oil, they will still sell it. If China wants to buy oil, whether it's from us or others, they will go ahead and buy it."

Amir Yaron, the Governor of the Bank of Israel, told Bloomberg that the fiscal losses from military operations account for about 1% of the Gross Domestic Product (GDP), but the rebound in financial markets shows that investors are optimistic about the outcome.

This article: The US-Iran conflict has temporarily ceased! Trump stated: Negotiations will restart next week, but it is not certain that an agreement will be signed. First appeared in Chain News ABMedia.