Economic Impact

Stocks Rally Amid Uncertain Israel-Iran Ceasefire Announcement: Government Claims Under Scrutiny

By Economics Desk | June 24, 2025

President Trump’s sudden announcement of a ‘complete ceasefire’ between Israel and Iran lacks clear confirmation, yet global markets rallied on the promise—raising questions about the administration’s messaging amid ongoing conflict.

Global markets surged following President Donald Trump's unexpected declaration of an "official END" to hostilities between Israel and Iran. However, beneath the surface optimism lies a murky reality that deserves thorough scrutiny.On Monday, Iran launched missile attacks on a U.S. military base in Qatar in retaliation for American bombings targeting Iranian nuclear facilities over the weekend. Shortly after, President Trump announced on Truth Social that both nations agreed to a complete ceasefire. Yet, key details remain unclear: whilst Israel stopped its assaults, it has not officially confirmed the ceasefire; Iran claims to have begun the truce but continued certain attacks....

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