US And Iran Announce Temporary Ceasefire To Allow Negotiations

(MENAFN- Investor Brand Network) On Tuesday evening, the United States and Iran agreed to temporarily halt their war. This ceasefire is conditional and includes ending the closure of the Strait of Hormuz. The deal was brokered by Pakistan as the deadline imposed by Trump before attacks on energy infrastructure in Iran would begin neared an end.

For multinational corporations like Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) with interests spanning retail, energy, manufacturing and insurance, among other sectors, the ceasefire is a welcome development because the recent disruptions to the global economy were becoming...

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