The US-Iraq ceasefire proposal has emerged and the energy and shipping risk chain remains intact

IRAN RECEIVED A 10-DAY CEASEFIRE PROGRAMME, BUT UNITED STATES PRESIDENT TRUMP WARNED IRAN THAT IT WOULD PAY THE PRICE FOR THE DEATH OF UNITED STATES TROOPS. THE STRAITS OF HORMUZ AND MANDE ARE AT RISK AND RELATE TO 4.9 MILLION BARRELS OF CRUDE OIL PER DAY EXPORTED BY SAUDI ARABIA VIA THE RED SEA. THE PRODUCTION OF THE BLACK SEA CPC OIL TERMINAL WAS HALTED AND ENERGY AND FOOD SUPPLIES WERE HAMPERED. THE FORMER CHAIRMAN OF THE FEDERAL RESERVE OF NEW YORK, DUDLEY, BELIEVED THAT THE INCREASE IN ENERGY PRICES HAD INCREASED THE PRESSURE ON INTEREST RATES, WHILE MORGAN STANLEY EXPECTED TO MAINTAIN INTEREST RATES THROUGHOUT THE YEAR. THE UNITED STATES MONETARY MARKET FUND, WHICH MANAGES MORE THAN $8 TRILLION IN ASSETS, HAS BEEN SHORTENED FOR A LONG TIME, WITH ADDITIONAL OVERNIGHT BUY-BACKS AND FLOATING INTEREST RATE BONDS. THE MARKET FOCUSED ON THE 10-DAY CEASEFIRE PROGRAMME RESPONSE, AL-HOUTHI ' S OPERATIONS AGAINST SAUDI SHIPS AND THE RECOVERY OF THE CPC TERMINAL。