US, Iran signal they’re putting down their weapons for two weeks

Good morning, friends. We’re a bit more optimistic this morning than we’ve been at any time in the past five weeks.

The US and Iran each signaled they have agreed to a two-week ceasefire. After promising to erase Iran yesterday, Trump announced a two-week pause on bombing runs and Tehran agreed to re-open Hormuz.

Some gunners may have gotten the word a bit late? An hour after the ceasefire announcement, we had clocked reports of attacks and / or security alerts in the UAE, Saudi, Qatar, and Kuwait.

First responders were still battling a fire at the key Habshan gas facility in the UAE as we prepared to hit “send” on today’s issue. Watch this space, folks.