Possible scenario
Limited Ceasefire Step
+0.7%
A smaller but meaningful possibility is that U.S. mediation turns the talks into a narrow ceasefire framework. The most realistic early concessions would focus on infrastructure strikes, prisoners, or maritime exports rather than final borders.
What it moves
- Energy−0.4%
- Industrials−0.3%
- Market volatility
- Riskier companies' borrowing costs
Keeping an eye on this scenario?
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