US President Donald Trump announced a last-minute ceasefire deal with Iran on Tuesday evening, extending negotiations to end the war if the country agreed to reopen the Strait of Hormuz. The deal comes shortly before an 8 p.m. ET deadline Trump had set, threatening that “a whole civilization will die tonight” if the Iranian government didn’t comply.
The temporary agreement aims to calm markets and provide some short-term relief to energy markets. However, analysts caution that tensions could flare again, and the deal is seen as a temporary measure to ease investor concerns rather than a long-term resolution to the conflict.
Industry experts react with mixed views on the ceasefire. Some, like Patrick De Haan, head of petroleum analysis at GasBuddy, predict oil prices will start reversing nationally within 48 hours or so, while others, such as Joe Kent, former director of the United States National Counterterrorism Center, warn that military action cannot be ruled out in the short term.
The deal also raises concerns about regional stability and global energy markets. Analysts like June Goh, senior oil market analyst at Sparta Commodities, emphasize the importance of “watching the physical” to determine if the ceasefire has a lasting impact on supply flows.
While some experts welcome the temporary reprieve, others are more skeptical, warning that investors may be overly optimistic about the deal’s implications. Nigel Green, CEO of deVere Group, notes that a 15% collapse in oil prices and a near 4% jump in European equities indicate markets are “getting ahead of reality.”
Overall, the ceasefire deal with Iran has sparked mixed reactions among industry experts, with some welcoming the relief it offers to energy markets while others caution that tensions may not fully dissipate.
Source: https://www.businessinsider.com/what-smart-people-saying-about-donald-trump-ceasefire-deal-iran-2026-4