[Weekend Breaking News] US-Iran Face-to-Face Peace Talks Begin in Switzerland! Comprehensive Market Analysis on Korean Stocks (Oil, Defense, Shipbuilding)
Over the weekend, a massive geopolitical development emerged that is poised to reshape the global macroeconomic landscape. Following US President Donald Trump’s surprise announcement of a "Memorandum of Understanding (MoU) for ending the war" on June 14, anxieties briefly flared due to Israeli strikes in Lebanon and Iran's warnings of a potential re-closure of the Strait of Hormuz. However, turning the tide on Sunday, June 21, delegations from the US and Iran officially launched historic face-to-face negotiations in Bürgenstock, Switzerland. Meeting for the first time in 70 days since their failed "no-deal" session in Islamabad in April, the two sides are embarking on a critical 60-day substantive negotiation window (with a deadline of August 16). The talks will focus on the permanent reopening of the Strait of Hormuz, the lifting of the US naval blockade, the unfreezing of $25 billion in Iranian assets, and comprehensive nuclear program monitoring. ...