Israel has announced that it supports US President Donald Trump's proposal for a ceasefire with Iran. The information was officially released by the office of Israeli Prime Minister Benjamin Netanyahu.
According to the statement, the Israeli government believes that it has already achieved its main goals in the conflict with Iran. It emphasizes that the country has managed to eliminate what is defined as a “dual existential threat“.
Meanwhile, international markets reacted to the development. The price of oil on the London Stock Exchange recorded a significant decline and fell below $68 per barrel for the first time since June 11. This is a clear indicator of market relief regarding the potential reduction in tensions in the region.