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Trump Announces Hamas Disarmament Deal Amid Market Volatility

Guavy AI Editorial Team
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Oil
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US President Donald Trump announced that his Board of Peace has reached an agreement for the disarmament of Hamas and other armed groups in Gaza.

The deal, which was confirmed by senior Hamas officials, aims to end the conflict between Israel and Hamas. As part of the agreement, Israeli forces will withdraw from Gaza after Hamas disarms, allowing a new Palestinian police force to take responsibility for maintaining safety in the region.

Trump stated that 'as disarmament is completed, Israeli forces will withdraw, and the International Stabilization Force will work with a new Palestinian police force to take responsibility for Gaza being safe for its residents and its neighbors.'

The market reaction to this news saw West Texas Intermediate (WTI) oil prices drop 1.20% on the day to $82.60.

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