Trump and Netanyahu discuss resuming military strikes against Iran, raising risks of joint US-Israeli airstrikes!
Israeli media confirmed that Trump held a phone conversation with Netanyahu, focusing on restarting military strikes against Iran. Israeli officials stated that if the U.S. takes action, a joint aerial strike by both nations is expected. Trump warned Iran that 'time is running out,' and without a viable solution, it would face even more severe retaliation.
Yields may firm slightly amid caution over rising long-term interest rates in Europe and the United States.
Outlook for the week of May 18 to May 22: Turkish 10-year government bond yields may strengthen as rising long-term interest rates in Europe and the U.S. prompt caution. Rising long-term yields in Western countries are being closely monitored, with the potential for government bond yields to strengthen. Expectations for an early resolution to Middle Eastern conflicts have significantly receded, driving crude oil futures higher. Against the backdrop of increasing global inflationary pressures, Turkish government bond yields are widely expected to strengthen overall.
Consumer Cos Down on Fuel-Price Fears -- Consumer Roundup
Express News | An official stated that Israel is preparing to resume military operations against Iran.
The disruption in the Hormuz Strait is pushing a shift, with the UAE planning to double its rerouted export capacity by 2027.
① Abu Dhabi National Oil Company (ADNOC) is accelerating construction of an oil pipeline to Fujairah Port on the Gulf of Oman; ② ADNOC plans to increase its production capacity to 5 million barrels per day by next year, up from approximately 3 million barrels per day when it first announced this target in 2018.
The US rejects Iran's written proposal! Iran: Efforts are being made to maintain the ceasefire, but preparations for a return to the battlefield are also underway.
Iranian Foreign Minister Araghchi stated that Iran is attempting to maintain the ceasefire and give diplomacy a chance, while also preparing to return to the battlefield if necessary.