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Iran and the United States each declared a triumph after agreeing to a two‑week ceasefire that was announced just before President Donald Trump’s deadline to force Tehran’s surrender. The conflict, which began on 28 February, has already claimed 2,076 lives in U.S.–Israel strikes on Iran and has caused thousands more deaths across the region. The fighting has also shocked global energy markets, stranding oil tankers and pushing prices to unprecedented levels. Trump announced on Truth Social that the United States would halt bombing Iran after receiving a “workable” 10‑point ceasefire proposal, adding that “almost all of the various points of past contention have been agreed to.” Iran, for its part, said it would reopen the Strait of Hormuz to commercial traffic, even as some citizens denounced the government’s perceived capitulation. Both parties are set to resume Pakistan‑mediated talks in Islamabad on Friday, though analysts warn that earlier red lines may resurface. Key terms of the Tuesday agreement: the United States will suspend air strikes for two weeks, citing that it has already achieved its military objectives and is close to a “definitive agreement concerning long‑term peace.” Iran’s foreign minister, Abbas Araghchi, pledged to halt “defensive operations” and to allow safe passage through the Strait of Hormuz, while also indicating willingness to fund reconstruction from fees collected on transiting ships. Domestic reaction in Iran remains volatile. University of Tehran professor Foad Izadi noted that the public’s pessimism stems from two prior escalations—June’s 12‑day war and the February 28 strikes—both of which occurred amid ongoing negotiations. Earlier demands: The United States had presented a 15‑point plan on 25 March, calling for a 30‑day ceasefire, immediate reopening of the Strait, Iran’s de‑commissioning of its nuclear facilities, a total ban on uranium enrichment, handover of nuclear stockpiles to the IAEA, cessation of support to regional proxies, strict limits on ballistic missiles, and a full lift of sanctions, among other items. Iran responded with a 10‑point proposal that emphasized a non‑aggression commitment from the United States, controlled passage through the Strait, acceptance of its enrichment programme, comprehensive sanctions relief, withdrawal of U.S. combat forces, compensation for war damages via shipping fees, and a binding UN Security Council resolution. Both sides have already made concessions. Iran moved from demanding a permanent ceasefire to accepting a two‑week pause, and it shifted from insisting on reparations to proposing reconstruction funding from Strait fees. The United States, meanwhile, has softened its demand for an “unconditional” Iranian surrender and has not reiterated its earlier insistence on dismantling Iran’s missile capabilities. One of the most contentious issues remains the status of Lebanon. While Pakistan’s prime minister said the ceasefire would extend to Lebanon, Israeli Prime Minister Benjamin Netanyahu denied any such inclusion, and Israel launched a major bombing campaign in Beirut shortly thereafter, killing hundreds. Looking ahead, analysts highlight that the United States is unlikely to concede on the complete withdrawal of its roughly 50,000 troops stationed across 19 Middle Eastern sites—a demand Tehran has placed on the table. The outcome of the upcoming talks will hinge on whether Washington can accommodate Tehran’s broader political and economic requests without compromising its strategic objectives.

Iran and the United States announced a two‑week ceasefire that will also guarantee safe navigation through the strategically vital Strait of Hormuz, a chokepoint through which roughly 20% of the world’s oil supply moves.The pause comes as the conflict entered its 40th day, with hopes now fixed on a diplomatic breakthrough during talks scheduled to begin in Pakistan on Friday.President Donald Trump declared that the truce would be activated once Tehran fully reopened the waterway, linking the cessation of hostilities to the restoration of a critical global supply route.Celebrations erupted across Iran, and numerous world leaders publicly welcomed the development, describing it as a step toward broader regional stability.The fighting, which has drawn in virtually the entire Middle East, saw Iran claim to target U.S. assets in several Gulf Cooperation Council (GCC) states, while Gulf nations accused Tehran of striking civilian infrastructure.Hezbollah’s March 2 attacks on Israel pulled Lebanon into the war, and although Israel has signaled support for the ceasefire, it warned that the agreement does not extend to Lebanon.Against this backdrop, Gulf and neighboring states have issued statements outlining their positions on the ceasefire:Saudi Arabia welcomed the truce, urging an immediate end to regional attacks and calling for the Strait of Hormuz to be reopened, emphasizing that the ceasefire should lead to a “comprehensive sustainable pacification.”Qatar described the ceasefire as an “initial step toward de‑escalation,” stressing the need for rapid implementation, full adherence by Iran, and the protection of maritime security and international trade under international law.United Arab Emirates diplomatic adviser Anwar Gargash hailed the outcome as a victory for a war the UAE sought to avoid, claiming the nation now possesses greater leverage and capacity to shape regional affairs.Oman expressed appreciation for Pakistan’s mediation and called for intensified efforts to address the root causes of the conflict, aiming for a permanent end to hostilities.Iraq welcomed the ceasefire but urged the United States and Iran to launch “serious and sustainable dialogue” that tackles underlying disputes and rebuilds mutual trust.Egypt framed the truce as a crucial opportunity for negotiations, diplomacy, and dialogue, insisting that any lasting peace must respect freedom of navigation and consider the legitimate security concerns of Gulf states.Turkey supported the ceasefire and pledged backing for the upcoming Islamabad talks, emphasizing the importance of full ground‑level implementation and strict adherence by all parties.Sudan called the two‑week pause a “positive step toward de‑escalation,” highlighting its potential to foster diplomacy and regional stability.

Celebrations erupted in Tehran after officials announced a two‑week ceasefire with the United States, creating a window for diplomatic talks aimed at de‑escalating the regional conflict.Iran consented to suspend hostilities, with negotiations slated to begin on Friday in Pakistan. President Donald Trump pledged to halt military operations provided Tehran fully reopens the Strait of Hormuz, a vital maritime corridor. Iran’s foreign minister added that safe passage through the strait will be coordinated with Iranian armed forces throughout the truce.The breakthrough followed a direct appeal by Pakistan’s Prime Minister Shehbaz Sharif, who urged Trump to extend his negotiation deadline and called on Iran to restore strait access.Iranian officials framed the ceasefire as a “victory”, asserting that their preconditions for talks were accepted and that Trump’s acknowledgment of progress on key disputes validates Tehran’s stance. They emphasized that national unity, patience, and military resilience were decisive factors.In their assessment, the earlier U.S.–Israeli strategy of targeting Iranian leadership failed, while the ensuing conflict demonstrated Iran’s capacity to sustain prolonged military operations.Trump, speaking to AFP, described the agreement as a “total and complete victory”, insisting that Iran’s uranium stockpiles would be “perfectly taken care of” under the deal and crediting China for facilitating the negotiations.Despite the truce, Democratic lawmakers announced they will continue impeachment efforts against Trump, condemning his rhetoric toward Iran as “genocidal” and “unhinged.”

Chinese swimming authorities have initiated an investigation into cyberbullying targeting Quan Hongchan, the 19-year-old diving champion who has won three Olympic gold medals. The General Administration of Sport's swimming management centre announced the probe on Wednesday, stating that it is working with officials in Quan's home province of Guangdong to address the issue.Quan, who won her first gold at the Tokyo 2020 Olympics at just 14 years old and added two more golds at the Paris 2024 Olympics, has faced intense scrutiny and pressure. She has spoken publicly about the toxic online commentary she has faced, particularly regarding her weight and diet.The cyberbullying has been described as 'malicious' and has included false information and abnormal fan culture. Chinese authorities have pledged to crack down on such behavior, which has been termed 'toxic fandom'. Quan's swimming club has also reported the case to police, emphasizing that athletes are a valuable national asset and that such acts of slander and insult are unacceptable.Quan's success has made her a popular figure in China, with her hometown becoming a tourist destination. However, this has also led to intense media scrutiny and pressure to conform to certain standards. The investigation aims to address these issues and ensure a safer online environment for athletes.

The temporary cease‑fire in the US‑Israel‑Iran war has given Iran and China a strategic opening to challenge the US dollar’s supremacy in global finance. Both nations share a common objective: to reduce reliance on the greenback, especially in the oil sector where, according to a 2023 JP Morgan estimate, roughly 80% of transactions are settled in dollars. In a practical step toward this goal, Iran’s de‑facto toll‑booth system in the Strait of Hormuz—a chokepoint that handles about one‑fifth of the world’s oil and LNG shipments—has started accepting transit fees in Chinese yuan. Lloyd’s List reported that at least two vessels had already paid in yuan by March 25, and China’s Ministry of Commerce later acknowledged the reports on social media. Iran’s embassy in Zimbabwe even called for the introduction of a “petroyuan” to the global oil market, underscoring the political symbolism of the move. While Tehran pledged to guarantee safe passage for two weeks under a US‑brokered cease‑fire, Beijing declined to comment. Harvard economist Kenneth Rogoff told Al Jazeera that Iran’s actions serve a dual purpose: they “poke a thumb in the United States’s eye” and provide a practical alternative to dollar‑based sanctions. Rogoff added that Iran’s shift to yuan aligns with China’s broader effort to redenominate trade among BRICS nations. For both countries, the yuan offers a way to sidestep US sanctions and lower transaction costs. Their trade relationship, cemented by a 25‑year strategic partnership signed in 2021, sees China buying over 80% of Iran’s oil—often at discounted rates—while Iran imports Chinese machinery, electronics, chemicals, and industrial components. Data from Kpler and TankerTrackers indicate that, despite the conflict, Iran’s oil exports to China have remained near pre‑war levels, ranging between 12 million and 13.7 million barrels in the first two weeks of hostilities. China’s ambition to elevate the yuan is long‑standing. President Xi Jinping, in a 2024 address, expressed hope that the yuan would become a global reserve currency. Yet significant hurdles remain: the yuan is not freely convertible due to strict capital controls, and the Chinese financial system is perceived as opaque, limiting broader adoption. According to the IMF, the dollar still dominated global foreign‑exchange reserves at 57% last year, far ahead of the euro’s 20% and the yuan’s modest 2%. Cross‑border trade settled in yuan rose to 3.7% in 2024, up from under 1% in 2012, per S&P; Global—an encouraging but limited shift. Natixis chief economist Alicia Garcia‑Herrero cautioned that the Strait of Hormuz experiment adds only “incremental pressure” and that a true “de‑dollarisation” would require Gulf states, which have priced oil in dollars since the 1970s in exchange for US security guarantees. European analyst Hosuk Lee‑Makiyama highlighted that China’s ability to supply Iran with essential goods makes the yuan a viable alternative, a dynamic not possible for Europe or Japan. He described China as the closest the world has seen to a “manufacturing one‑stop shop.” Consultancy founder Dan Steinbock echoed that while the dollar’s supremacy is unlikely to crumble overnight, the gradual increase in yuan usage could “chip away” at US dominance in specific sectors over time. Rogoff concluded that the long‑term impact hinges on the war’s outcome. If Iran and China emerge stronger, many countries may diversify away from the dollar to avoid US‑imposed financial constraints. Conversely, a decisive US victory could reinforce dollar hegemony for the foreseeable future.

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.

Democratic leaders in Washington announced a renewed push to stop President Donald Trump’s escalating confrontation with Iran following a brief two‑week cease‑fire that began Tuesday night. The party aims to reconvene Congress and pass a war‑powers resolution that would permanently end the conflict. House Minority Leader Hakeem Jeffries told CNN that the House must be brought back into session immediately, stating, "We need a permanent end to Donald Trump’s reckless war of choice." He urged Speaker Mike Johnson to schedule a vote on legislation that would strip the president of unilateral war‑making authority. In the Senate, Minority Leader Chuck Schumer pledged that Democrats will force a vote as soon as Congress returns from recess. Schumer warned that the war has left the nation “worse off than before it started,” citing rising gas prices and the broader economic toll, and called the episode “one of the very worst military and foreign‑policy actions the United States has ever taken.” More than 70 Democratic lawmakers have publicly called for the 25th Amendment to be invoked, arguing that Trump’s recent Truth Social posts—threatening to wipe out an entire civilization if Iran does not comply—raise serious questions about his mental fitness and could constitute a violation of international law. Senator Chris Murphy (D‑CT) told CNN, "No president in control of his senses would publicly promise to eradicate an entire civilization." Representative Ro Khanna (D‑CA) echoed the sentiment on X, writing, "We need to invoke the 25th Amendment and remove Trump. Threatening war crimes is a blatant violation of our Constitution and the Geneva Conventions." Other Democrats, including Rep. Pramila Jayapal (WA), described the president’s threats as “unhinged” and “illegal,” while former MAGA ally Rep. Marjorie Taylor Greene joined the chorus, posting, "25TH AMENDMENT!!! This is evil and madness." Even some Republican lawmakers expressed unease about the prospect of targeting civilian infrastructure, though the GOP overall has remained largely silent. The mounting pressure underscores a rare bipartisan concern that Trump’s rhetoric could cross the line into war‑crime territory, prompting calls for both constitutional removal and traditional impeachment proceedings.

British Prime Minister Keir Starmer told reporters that the United Kingdom has a "job" to assist in reopening the Strait of Hormuz after reports that the vital oil corridor was blocked again just hours after a tentative cease‑fire was announced. The leader arrived at the King Fahd airbase in Taif, Saudi Arabia, where he met with British and local staff before embarking on a broader diplomatic tour of Gulf allies. The visit mirrors his recent push to shape a cease‑fire framework for Ukraine. While officials describe the trip as complementary to the Pakistan‑mediated talks between Washington and Tehran, many Gulf observers see Starmer as a more predictable partner than a United‑States administration that has been criticised for its unpredictable stance. The cease‑fire, brokered barely an hour before a deadline set by the U.S. president, included a clause to reopen Hormuz. Starmer’s itinerary follows a UK‑led gathering of military planners that explored practical steps for achieving that goal. Iran’s state news agency, Fars, claimed that Israeli actions in Lebanon breached the cease‑fire, prompting a fresh blockage of oil tankers in the strait. Later on Wednesday, Starmer is scheduled to meet Crown Prince Mohammed bin Salman. Their agenda is expected to cover the removal of Iranian mines and the insurance of tankers that rely on the Hormuz route for global oil shipments. "There are many practicalities and moving parts involved; this cannot be switched on instantly," a UK official explained, underscoring the complexity of the task. Addressing the media at the airbase, Starmer acknowledged the temporary relief provided by the cease‑fire but warned that the situation remains in its early stages. He emphasized that the UK’s priority is a permanent solution that restores full maritime traffic. "The impact on our energy prices is evident – we have seen daily fluctuations over the past 39 days. It is our responsibility to ensure the strait remains open so that the world’s energy needs are met and UK fuel prices stabilise," he said. Starmer has previously drawn criticism from former President Donald Trump for refusing to back the initial U.S.–Israeli strike on Iran and for limiting U.S. use of British bases to defensive missions, such as targeting Iranian missile sites. When asked about the risk of the UK becoming entangled in the conflict, Starmer reiterated that Britain acts only in collective self‑defence and that his mandate is to protect British lives and national interests, which includes keeping Hormuz open. The remainder of his Gulf itinerary has not been disclosed, and it remains unclear which other regional capitals he will visit after Saudi Arabia. One government source summed up the mission: "The cease‑fire is welcome, but the decisive factor for the British public will be a fully operational Hormuz Strait, which will have the greatest impact on domestic energy costs." The source likened Starmer’s role to his earlier effort in assembling the "coalition of the willing" that pledged to back any peace settlement in Ukraine, noting that this is his first opportunity to demonstrate solidarity with Middle‑East allies.

Political leaders across Washington breathed a collective sigh of relief on Tuesday evening when President Donald Trump announced a provisional two‑week ceasefire with Iran, ending a 24‑hour standoff that had seen him threaten to annihilate Iran’s “whole civilization” if Tehran failed to reopen the Strait of Hormuz by his self‑imposed deadline.The ceasefire declaration arrived just 90 minutes before the 8 p.m. ET deadline at which Trump had pledged to bomb Iranian power plants and bridges – a move scholars warned would constitute a war crime. A last‑minute diplomatic push by Pakistan persuaded the president to suspend the ultimatum, buying a narrow window for de‑escalation.In a post on Tuesday night, Trump wrote: “Subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks.”Iran’s foreign minister quickly responded, stating that the strait would remain open for the next fourteen days under Iranian military management, effectively meeting the condition set by the United States.The president’s earlier warning – that a “whole civilization will die tonight, never to be brought back again” – drew swift condemnation from Democrats, longtime allies who have broken with Trump over the crisis, and even Pope Francis, the first American pontiff.Senate Majority Leader Chuck Schumer labeled Trump’s retreat as “desperately searching for any sort of exit ramp from his ridiculous bluster,” adding that the president had previously been called “an extremely sick person” waging a “wanton war of choice.”House Democrats, including former Speaker Nancy Pelosi, called for Trump’s removal via impeachment or the 25th Amendment, arguing that his conduct amounted to a threat of genocide against the Iranian people. Progressive Representative Alexandria Ocasio‑Cortez echoed this sentiment, saying the two‑week deal “changes nothing” and urging Congress to act.House Minority Leader Hakeem Jeffries described Trump’s behavior as “unhinged, unpresidential and unconscionable,” and warned that the American public “strongly opposes this reckless war of choice.” He announced that Democrats would push Speaker Mike Johnson to reconvene the House and move a war‑powers resolution to secure a permanent end to hostilities.Republican reactions were more nuanced. Senator Rick Scott praised the ceasefire as “a strong first step toward holding Iran accountable,” while Senator Lindsey Graham expressed hope that diplomacy could “end the reign of terror of the Iranian regime,” cautioning that Iran should not be rewarded for its earlier attacks on the strait.Conversely, Rep. Dan Crenshaw, a Texas Republican known for breaking with Trump, dismissed critics as “pearl‑clutching,” arguing that the president’s “language of POWER” is what adversaries understand, and that diplomatic niceties alone achieve little.The episode underscores a volatile moment in US‑Iran relations, where a single diplomatic pivot averted an imminent escalation, yet left Congress divided over the president’s authority to wage war and the need for a lasting legislative solution.