London's famous Oxford Street will be converted into a pedestrian zone following a decision by Mayor Sadiq Khan. The project aims to pedestrianize over 900 meters of the iconic shopping street located in the heart of the city.
Stock markets in Tokyo and Seoul surged on Monday following reports of a peace agreement between the United States and Iran. The news, shared by Pakistani Prime Minister Shehbaz Sharif, led to optimism about ending the Middle East conflict and reopening the Strait of Hormuz.
Israeli Defense Minister Israel Katz stated that Prime Minister Benjamin Netanyahu informed U.S. President Donald Trump of Israel's refusal to withdraw troops from Lebanon. Despite a peace deal between the U.S. and Iran calling for a cessation of hostilities, Lebanese media reported that Israeli attacks have continued.
EU foreign policy chief Kaja Kallas has welcomed the peace deal between the United States and Iran, expressing hope for its official ratification this Friday. Speaking in Luxembourg, she emphasized that the agreement is crucial for ending the conflict and ensuring the Strait of Hormuz remains open.
An upcoming agreement between the United States and Iran has caused global oil prices to drop by 4 percent. As a result, gasoline prices at the pump are expected to decrease by several cents per liter starting tomorrow, prompting advice for drivers to delay refueling.
Ship owners are awaiting clarity on the potential reopening of the Strait of Hormuz following news of a possible peace deal. Pakistani Prime Minister Shehbaz Sharif stated that an agreement between the United States and Iran is expected to be signed this Friday.