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Russia has welcomed the two-week ceasefire between the United States and Iran, expressing hope that the development will allow Washington to refocus on efforts to restart peace negotiations on Ukraine. The Kremlin said the truce was a positive step that could reduce global tensions and create space for diplomatic engagement.

Kremlin spokesperson Dmitry Peskov stated that Russia was satisfied with the ceasefire decision and hopes the U.S. will soon resume trilateral peace talks involving Russia, Ukraine, and the United States. Previous negotiations had been paused following the escalation of conflict involving Iran, which diverted international attention and diplomatic efforts.

Peace talks on Ukraine began last year in Istanbul and continued with trilateral meetings in Abu Dhabi and Geneva, but progress has remained slow due to disagreements over territory. Russia is demanding that Ukraine give up the remaining parts of the Donbas region, while Kyiv continues to reject any proposal that involves surrendering land, keeping negotiations at a standstill.

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Global airline and travel industries are unlikely to see immediate relief despite the U.S.-Iran ceasefire, as jet fuel supply disruptions and refinery damage continue to strain operations. Aviation leaders warn that even if the Strait of Hormuz reopens, it could take months for jet fuel supplies to stabilize due to ongoing disruptions in Middle East refining capacity.

Airlines are already facing rising operational costs, with fuel prices more than doubling since the conflict began. Carriers are cutting flights, increasing fares, and adjusting routes to manage higher expenses, while major airlines expect billions in additional fuel costs in the coming months. Fuel remains the second-largest expense for airlines, making recovery slower despite falling crude oil prices.

Although airline stocks surged on hopes of improved supply and safer travel routes, the broader travel and tourism sector will take longer to recover. Cruise ships remain stranded in key Middle East ports, and experts say tourism sentiment could take several months to return as safety perceptions gradually improve.

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