European Union — European Central Bank & Abbas Araghchi

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to inflation fueled by the Iran war, becoming the first major central bank to do so, aiming to dampen consumer price inflation.

Abbas Araghchi: Abbas Araghchi, Iran's foreign minister, is actively engaged in diplomatic efforts, traveling between capitals like Islamabad, Muscat, and Moscow to discuss peace talks, while expressing skepticism about US intentions.

European Union — European Central Bank: The European Union — European Central Bank (ECB) welcomed the US-Iran ceasefire, with President Christine Lagarde noting its potential to reopen the Strait of Hormuz. However, policymaker Joachim Nagel cautioned that it would not bring immediate relief to high euro zone inflation, influencing market expectations for future rate hikes.

Abbas Araghchi: Abbas Araghchi, Iran's Foreign Minister, emphasized that the deal requires a full cessation of Israeli attacks against Lebanon and stated that the US bears responsibility for implementing the framework deal.

European Union — European Central Bank: The European Union — European Central Bank raised interest rates due to war-driven inflation, highlighting the broader economic impact of the conflict.

Abbas Araghchi: Abbas Araghchi, Iran's foreign minister, has provided details on the agreement, including the lifting of the US naval blockade and changes to the administration of the Strait of Hormuz, while also emphasizing Iran's stance on uranium dilution.