Macquarie Bank: Cautious outlook on Middle East peace agreement prospects, demands from both sides difficult to reconcile

Gate News reports that on March 24, Macquarie Bank (an international investment bank) global strategists Thierry Wizman and Gareth Berry stated in a report that it is too early to have high expectations for a “peace agreement” in the Middle East in the coming days, as both sides still seem to find it difficult to reach an agreement. The report pointed out that expecting the U.S. to give up its demands regarding Iran’s nuclear assets or to withdraw its bases in the Gulf region is unrealistic. It is also unlikely at this stage that Iran will abandon its support for its proxy forces. The report believes that this war is unlikely to continue beyond mid-April, as Iran’s threat is likely to be eliminated by then. Once the threat is removed, the U.S. will have the upper hand in any subsequent negotiations.

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