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Institution: Efforts to ease the tension between Israel and Palestine appear to be one-sided.
Jin10 Data, June 17 – Swiss market strategist Ipek Ozkardes says that efforts to ease tensions in the Middle East seem to be one-sided. While Iran appears to be sending signals of restraint, Trump is urging the withdrawal from Iran, and Israel vows to continue its attacks. This is at best a one-sided de-escalation, which tilts the risk appetite of energy markets and safe-haven assets upward. Global energy supply remains fragile, and it does not take much effort to shake the physical flows of oil and instantly reverse market sentiment.