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Washington, D.C. – President Donald Trump declared a two‑week ceasefire with Iran on Tuesday, just hours after threatening a massive attack on the country. The pause will allow Iran to reopen the strategic Strait of Hormuz while both sides negotiate a longer‑term settlement. Republican Senator Lindsey Graham, a noted Iran hawk, welcomed the diplomatic move but stressed extreme caution. He praised the “hard work” of negotiators but warned that any agreement must be scrutinized, noting that Iran’s 10‑point plan reportedly offers sanctions relief and permits Tehran to retain control of the strait. Graham also warned that Iran must not be rewarded for its earlier attacks on the strait, writing on X: “We must remember that the Strait of Hormuz was attacked by Iran after the start of the war, destroying freedom of navigation. Going forward, it is imperative Iran is not rewarded for this hostile act against the world.” Democratic senators, while relieved that U.S. forces would be out of immediate danger, seized the moment to demand accountability. Senator Ruben Gallego said, “Stopping war is good… we can criticize why we got into this war, the illegality of it and hold the Trump admin accountable. But right now I am relieved.” Other Democrats, including Senator Ed Markey and Congresswoman Alexandria Ocasio‑Cortez, warned that the ceasefire does not erase the fact that the conflict was launched without congressional authorization and that targeting civilian infrastructure may constitute war crimes. Ocasio‑Cortez wrote, “The President has threatened a genocide against the Iranian people… launched a massive war… without reason, rationale, nor Congressional authorization – which is as clear a violation of the Constitution as any.” Critics on the right, such as far‑right activist Laura Loomer and commentator Mark Levin, dismissed the truce as a temporary pause, predicting the war will resume. Loomer warned, “The negotiation is a negative for our country… I don’t know why people are acting like this is a win.” Levin added, “This enemy is still the enemy; they’re still surviving.” The conflict, which began on February 28 without a congressional war declaration, has already seen high‑profile strikes, including an attack that the article claims killed Iranian Supreme Leader Ayatollah Ali Khamenei and a devastating strike on a girls’ school in Minab that killed over 170 civilians, mostly children. Economically, the closure of the Strait of Hormuz earlier in the war sent oil and gas prices soaring, underscoring the strategic importance of the waterway. Senator Chris Murphy (D) warned that allowing Iran to control the strait would be a “history‑changing win” for Tehran. Across the aisle, lawmakers agree that the ceasefire is not a clean slate. Advocacy director Raed Jarrar of DAWN urged an immediate congressional investigation into the war’s origins, funding, and accountability for civilian casualties. As the two‑week pause unfolds, U.S. officials and legislators will closely monitor negotiations, with the broader debate over war powers, constitutional authority, and potential impeachment of President Trump remaining front and center in Washington.

US President Donald Trump has reportedly agreed to pause attacks on Iran contingent upon the reopening of the Strait of Hormuz, a vital waterway for global oil shipments. The development comes amid heightened tensions between the United States and Iran.The Strait of Hormuz is a critical passage for approximately 20% of the world's oil supply, making its closure a significant concern for global energy markets. Tensions in the region have been escalating, with the US imposing sanctions on Iran and Iran responding with measures that have impacted the flow of oil through the strait.The agreement to pause attacks if the strait opens suggests a temporary de-escalation in the conflict, potentially easing concerns about global oil supply disruptions. However, the situation remains fluid, and the long-term implications of this development are yet to be seen.

Iran has agreed to open the Strait of Hormuz for a two-week US ceasefire, a development that could potentially ease tensions in the region. The agreement comes as a significant breakthrough in diplomatic efforts to reduce hostilities.The Strait of Hormuz is a critical waterway for global oil shipments, and any disruption to its operations can have far-reaching impacts on the world economy. By agreeing to keep the strait open, Iran is taking a crucial step towards de-escalation.This move is seen as a positive step towards peace and stability in the region, and it will be closely watched by international observers in the coming weeks.

Iran and the United States have agreed to a two-week ceasefire, with talks set to begin in Islamabad, Pakistan, on Friday. The ceasefire comes after US President Donald Trump said he was calling off a threat to bomb Iran's power plants and bridges and suspending attacks on the country for two weeks.The truce is contingent on Iran agreeing to the 'complete, immediate and safe opening' of the Strait of Hormuz, a critical waterway through which a fifth of global oil supply passes. Iran's partial blockade of the strait has disrupted global trade, driving up oil prices and causing fuel shortages worldwide.Iran's National Security Council has confirmed that Tehran has agreed to talks based on a 10-point proposal from Iran. The proposal calls for Iranian dominance and oversight of the Strait of Hormuz, the withdrawal of all 'US combat forces' from bases in the Middle East, and a halt to military operations against allied armed groups across the region.The proposal also demands 'full compensation' for war damages, the lifting of all sanctions by the US, the United Nations Security Council, and the International Atomic Energy Agency, and the release of frozen Iranian assets abroad.Pakistan's Prime Minister Shehbaz Sharif said the warring sides had agreed to an 'immediate ceasefire everywhere', including Lebanon and elsewhere. He extended an invitation to US and Iranian delegations to Islamabad on Friday to further negotiate a conclusive agreement.

U.S. crude futures tumbled about 16.5% to $94 a barrel after President Donald Trump declared a two‑week ceasefire with Iran. The announcement sparked a broad market rally: S&P; 500 futures jumped over 2%, the dollar weakened across the board, and 10‑year U.S. Treasury futures rose roughly 15 ticks. Investors welcomed the prospect of resuming oil and gas flows through the strategic Strait of Hormuz, a chokepoint that carries roughly one‑fifth of global petroleum shipments. The ceasefire, which Trump said would halt U.S. attacks for two weeks, is being coordinated with the Iranian Armed Forces, and Tehran has pledged to cease its own strikes if the United States does the same. Since the U.S. and Israel launched attacks on Iran at the end of February, markets have been volatile. The conflict forced Iran to effectively close the Strait, contributing to the . The new de‑escalation offers a potential relief valve for inflation‑sensitive economies and could restore confidence in energy‑intensive sectors. "Markets have been predicting that Trump was looking for an off‑ramp in Iran," said Jamie Cox, managing partner at Harris Financial Group. "Today, he got one and took it." The sentiment was echoed by analysts who see the ceasefire as a "good start" that may pave the way for a more permanent reopening of the waterway, though many uncertainties remain. Asian equity futures also pointed higher, reflecting the global impact of lower oil prices on regional markets that have been battered by the war and soaring energy costs. Meanwhile, the dollar's retreat underscores its recent role as a safe‑haven currency during the turmoil. Trump added that the United States had received a "10‑point proposal" from Iran, which he described as a workable basis for negotiations toward a long‑term peace settlement. While the ceasefire is limited to two weeks, analysts such as IG's Tony Sycamore caution that "lots of ifs still to work out" before a durable resolution can be achieved.

After Tehran announced a two‑week ceasefire in the Iran war, financial markets breathed a noticeable sigh of relief. Oil prices tumbled by more than 10% on Wednesday, stock indices rallied, and optimism about the global economic outlook resurfaced. However, the reprieve is far from complete.For six weeks the world’s economy has been under pressure as Iran effectively closed the Strait of Hormuz, a chokepoint that handles roughly one‑fifth of global oil and gas shipments. The closure sparked what analysts have called the worst energy crisis of the modern era, driving oil to historic highs.Any progress toward re‑opening Hormuz would ease fears of a supply crunch that could otherwise trigger a cascade of recession risks. Yet the situation remains volatile: Tehran and Washington continue to send mixed signals about the waterway’s status, and Israel’s ongoing strikes in Lebanon add further uncertainty.Consumers already feel the strain. Despite the recent price dip, Brent crude remains above $90 a barrel, a sharp contrast to the sub‑$73 levels recorded before the conflict began. While this is an improvement from the period when prices hovered above $100, it still represents a significant premium over pre‑war benchmarks.Most economists expect oil to stay above its pre‑war price throughout 2026. In its baseline forecast, consultancy Capital Economics projects Brent to settle around $80 per barrel by year‑end. Under that scenario, headline inflation in the United States and Europe would hover between 3% and 4% year‑on‑year, while GDP growth is likely to decelerate across major economies.The lingering uncertainty is amplified by the unpredictable stances of both Iran and the United States, as well as the broader geopolitical turbulence involving Israel. Prior to the conflict, few analysts believed Tehran would actually close Hormuz, a threat it has floated intermittently since the 1979 revolution.Given the strait’s pivotal role in the world economy, any prolonged disruption could add a costly premium to global business operations. The International Monetary Fund (IMF) warned in a recent report that wars since 1946 have left “economic scars” lasting more than a decade. The IMF cautioned that even after a ceasefire, persistent political and economic uncertainty can depress investment returns, fuel capital outflows, and constrain both investment and labor supply.In short, while the ceasefire has delivered a short‑term boost to markets, the underlying energy‑price pressures and geopolitical risks mean that the relief is far from absolute.

Iran has warned that Saudi Arabia and the United Arab Emirates could become new targets if the United States proceeds with attacks on Iranian civilian infrastructure, according to a statement cited by the Tasnim news agency. The warning came late on Tuesday, as U.S. President Donald Trump issued an ultimatum demanding Iran reopen the Strait of Hormuz by 00:00 GMT (3:30 a.m. Tehran time) on Wednesday, threatening to "destroy a whole civilisation" if the demand is not met. Closing the strategic waterway would further destabilise the global oil market, already rattled by the ongoing blockade of Gulf oil exports. In response, Iran’s First Vice President Mohammad Reza Aref affirmed the country’s readiness for any scenario, stating on X that national security and infrastructure sustainability have been meticulously calculated and that “no threat is beyond our preparedness and intelligence.” Meanwhile, U.S. forces intensified strikes on Iranian targets, hitting railway and road bridges, an airport, a petrochemical plant, and the Kharg Island oil export terminal. Gulf states on high alert Regional authorities have taken precautionary measures: Bahrain’s Khalifa Bin Salman Port announced a temporary suspension of operations from early April 8, and the U.S. State Department issued a shelter‑in‑place order for American citizens in Bahrain, alongside travel advisories for the Hajj pilgrimage and for Riyadh. Kuwait’s Ministry of Interior imposed a curfew from 12 a.m. to 6 a.m. (GMT 21:00–03:00) as a precaution, while the King Fahd Causeway linking Saudi Arabia and Bahrain was closed twice on Tuesday due to alerts in Saudi Arabia’s eastern region. Israel warned its citizens of a likely surge in attacks as the deadline approaches, citing the Karish and Tanin offshore gas fields as potential targets. Explosions and rocket fire were reported across the region, including near a U.S. diplomatic facility in Baghdad, in the Iraqi capital, and over Bahrain and the UAE. The UAE’s Ministry of Defence confirmed that its air defences are currently engaging missile and drone attacks from Iran, and Qatar’s Ministry of Defence reported intercepting a missile aimed at its territory. These developments underscore a rapidly escalating security environment in the Middle East, with the potential to impact global energy supplies and international trade.

Russia and China have exercised their veto power in the United Nations Security Council (UNSC) to block a resolution aimed at safeguarding commercial shipping in the Strait of Hormuz. The draft resolution, proposed by Bahrain, garnered support from 11 of the 15 UNSC members, with two abstaining.The vetoes by Russia and China were based on their assertion that the measure was biased against Iran. The resolution sought to encourage affected states to coordinate defensive efforts to ensure the safety and security of navigation across the strait.The Strait of Hormuz, a critical waterway through which a fifth of global oil and gas shipments pass, has effectively been blockaded after Iran threatened to attack vessels in response to the conflict with the United States and Israel. This blockade has led to soaring fuel prices worldwide and prompted some countries, particularly in Asia, to impose consumption restrictions and ration supplies.The US Ambassador to the UN, Mike Waltz, condemned the vetoes, calling them a 'new low'. He argued that Iran's actions were preventing medical aid and supplies from reaching humanitarian crisis zones in the Congo, Sudan, and Gaza.France expressed regret over the vetoes, stating that the aim was to promote 'strictly defensive measures' to ensure security in the strait without escalating tensions. Russia and China, however, argued that the resolution was biased against Iran and proposed an alternative resolution on the Middle East situation, including maritime security.Iran's UN Ambassador, Amir Saeid Iravani, praised the Russian and Chinese moves, saying they prevented the Security Council from being used to 'legitimize aggression'.

In an urgent 11‑hour appeal posted on X, Pakistani Prime Minister Shehbaz Sharif asked U.S. President Donald Trump to push back the deadline for his proposed Iran deal by two weeks. Sharif also called on Tehran to fully reopen the Strait of Hormuz for the same period, framing the move as a goodwill gesture that could bolster ongoing diplomatic talks aimed at ending the U.S.–Israeli war on Iran. Sharif wrote that “Diplomatic efforts for peaceful settlement of the ongoing war in the Middle East are progressing steadily, strongly and powerfully with the potential to lead to substantive results in the near future,” and added that a temporary cease‑fire across the region would give negotiations a chance to succeed. The White House, through press secretary Karoline Leavitt, confirmed that President Trump is aware of Pakistan’s proposal and that an official response will be forthcoming. Meanwhile, a senior Iranian official told Reuters that Tehran is “positively reviewing” the request. Trump has intensified his rhetoric, warning on Truth Social that the United States would “destroy the Iranian civilization” if Tehran does not fully open the Strait of Hormuz and comply with his terms. Iran has responded by nearly halting maritime traffic through the waterway, which carries about one‑fifth of the world’s oil and LNG shipments, as retaliation for recent U.S.–Israeli strikes on Iranian soil. The Islamic Revolutionary Guard Corps warned it would not hesitate to strike back if U.S. forces target civilian facilities. In parallel, Israel has launched attacks on Iranian railways and bridges, while Iranian forces have struck targets in Bahrain, Qatar and the United Arab Emirates. A Pakistani source speaking to Al Jazeera noted that “we’re at a dangerous escalation, but the possibility of diplomacy can’t be ruled out till the last minute,” emphasizing Islamabad’s commitment to keeping all diplomatic channels open despite internal opposition. Legal experts have warned that Trump’s threats to target civilian infrastructure could amount to a war crime. Yale University professor and U.S. legal scholar Oona Hathaway warned that any such action would become “exhibit A” in future war‑crimes tribunals, noting that there is no statute of limitations for these offenses. As the deadline looms, the international community watches to see whether Trump will grant the requested extension, whether Iran will reopen the strategic strait, and whether diplomatic momentum can translate into a lasting cease‑fire in the volatile Middle East.