Gaza Ceasefire Eases Global Markets, Tests US-Israel Diplomacy

The recent Gaza ceasefire, while fragile, presents a critical opportunity for diplomatic engagement, with Hamas cautiously moving towards political negotiations including tentative acceptance of President Trump's 20-point peace plan. This ceasefire has broader global implications, easing tensions in energy markets and reducing costs that benefit economies heavily reliant on energy imports, while also providing political breathing room in fragile states. However, the ceasefire does not address the fundamental issues or the ongoing Israeli occupation and apartheid conditions faced by Palestinians, leading to criticism that the peace is incomplete and lacks accountability. The longstanding U.S.-Israel alliance remains robust but is increasingly strained by shifting public opinion in the U.S. and controversial Israeli policies such as annexation plans, complicating diplomatic efforts. President Trump's success in brokering ceasefire and hostage agreements in Gaza is attributed to the overwhelming U.S. leverage over Israel and a military imbalance on the ground, contrasting with his failures in Ukraine where such leverage and conditions are absent. Overall, while the ceasefire offers hope and economic relief, enduring peace requires addressing root causes and ensuring international accountability.