European Union — European Central Bank & Rafael Grossi

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.

Rafael Grossi: Rafael Grossi, the Director-General of the International — International Atomic Energy Agency, is expected to receive an invitation from Iran to inspect its nuclear sites, a key step in verifying Iran's commitments under the peace 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.

Rafael Grossi: Rafael Grossi, head of the International — International Atomic Energy Agency, emphasized the need for 'very strong' verification of Iran's nuclear pledges.