International –In a remarkable development, the United States and Iran rushed to sign the memorandum of understanding to end the war and open the path of calm on Wednesday evening, instead of the original date that was scheduled for Friday in Geneva, in a move that raised questions about the backgrounds for the acceleration in light of the sensitivity of the political situation and the fluctuation of energy markets.
The signing took place in a different atmosphere between a celebratory scene in Paris during an official event, and a single official photo of the Iranian side, which reflected a difference in the protocol between the two parties, in parallel with intense diplomatic movements that preceded the final announcement.
This development comes in a context of rapid economic impact, as oil prices fell by about 3% after the announcement of the agreement, with Brent crude falling to around $77 per barrel, while gold recorded a strong increase, exceeding $4,300 per ounce, amid investors’ reassessment of geopolitical risks and the possibilities of reopening the Strait of Hormuz to shipping traffic.
Analysts believe that advancing the signing date is linked to the desire to accelerate the activation of the agreement on the ground, especially with regard to the return of the flow of oil through vital corridors, in light of the continued caution of shipping and insurance companies and the high cost of risks despite the declaration of calm.
In the background, Switzerland had completed extensive security and logistical arrangements in preparation for hosting the signing ceremony in the Bürgenstock resort, which included the deployment of about two thousand soldiers and the temporary closure of airspace between June 18 and 20. However, the rapid developments prompted the parties to exceed the previously announced Geneva date and complete the signing early, which opened the door to questions about the motives for changing the timing in the last moments.
https://twitter.com/Scavino47/status/2067388433945760235Observers point out that this acceleration also reflects a desire to avoid any additional fluctuations in global markets, especially with the sensitivity of the energy file and its interactions with inflation and commodity prices, at a time when the implementation of the agreement remains dependent on developments in the next stage.
Source: “My press”
صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس