The Ceasefire That Wasn’t. The Energy Report 08/17/2026

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The Ceasefire That Wasn’t. The Energy Report 08/17/2026

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2 hours ago

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Here’s the big question hanging over the markets today: If a tree falls in the forest… how can a ceasefire expire when one side says it never had an expiration date in the first place?

Iranian officials, including Foreign Minister Abbas Araghchi, say there was never a 60-day ceasefire that needed to be extended. In their view, the Islamabad Memorandum of Understanding signed in mid-June ended the war outright; it was not a temporary pause. The United States and others, however, treated the 60-d...

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