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Senior Lebanese official says advocating for temporary ceasefire to allow for talks

Comments from an unnamed senior Lebanon official:

  • Lebanon is advocating for a temporary ceasefire to allow for talks with Israel
  • Any talks would be on a separate track but use the same model as US-Iran truce
  • No date or location set yet
  • Lebanon needs US as guarantor of any deal with Israel

Meanwhile, an Axios reporter says that talks will begin next week.

This was seen as the first big hurdle to get Hormuz back open and it looks like it’s headed in the right direction. In response, US stocks and gold prices rose while oil prices have given back gains.

This article was written by Adam Button at investinglive.com.

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