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Trump Is Being Pushed by Markets to End Iran War: Natixis CIB

Alicia Garcia Herrero of Natixis CIB says "the markets want to push Trump and Trump will have to concede" when it comes to the duration of the Iran war. She tells Bloomberg Television that "anything that goes beyond two months, and we're very close to that, is going to be extremely disruptive."

Read more: Trump Is Being Pushed by Markets to End Iran War: Natixis CIB
Bloomberg

Ambassador James F. Jeffrey on Trump extends Iran truce, blockade

President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal "and discussions are concluded, one way or the other." Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute and former Deputy National Security Advisor to President George W. Bush, joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Read more: Ambassador James F. Jeffrey on Trump extends Iran truce, blockade