European Union — European Central Bank & Esmail Baghaei

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.

Esmail Baghaei: Iranian foreign ministry spokesperson Esmail Baghaei cast doubt on a formal signing ceremony in Switzerland, stating that the presidents had already digitally signed the agreement.

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.

Esmail Baghaei: Esmail Baghaei, Iran's Foreign Ministry spokesperson, has provided official statements from Iran regarding the peace negotiations, clarifying Iran's stance on the finalized agreement and the role of mediators.