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US President Donald Trump's recent statements threatening Iran have raised concerns about the potential consequences for global power and regional stability. Trump's vow to 'wipe out' Iran has been met with warnings of a potentially catastrophic impact on the region.The Strait of Hormuz, a critical waterway for global oil shipments, has become a focal point in the tensions between the US and Iran. The US has been pressing Iran to open the strait, which has led to a significant escalation in rhetoric between the two nations.Experts warn that such brinkmanship could have far-reaching consequences, potentially reshaping global power dynamics and impacting the stability of the Middle East. The situation remains volatile, with many concerned about the potential for conflict.Trita Parsi, executive vice president of the Quincy Institute, provides insight into the complexities of the situation and the potential implications for US foreign policy.

The recent two-week ceasefire announced by US President Donald Trump in the war on Iran has sent shockwaves through Israel. The move has been met with criticism from Israel's opposition leader, Yair Lapid, who called it one of the greatest 'political disasters in all of our history'. Prime Minister Benjamin Netanyahu's office issued a statement supporting the US decision, claiming that 'Iran no longer poses a nuclear, missile and terror threat to America, Israel, Iran's Arab neighbours and the world.' However, Netanyahu's war aims of preventing 'Iran from developing nuclear weapons' and creating 'the conditions for the Iranian people so they can remove the cruel regime of tyranny' remain unachieved.Despite significant military successes over the past 40 days of attacks on Iran, neither of Netanyahu's goals has been achieved. The Iranian regime is still in place, its ballistic missile programme could be rebuilt quickly, and it still has 440kg of enriched uranium at 60 percent purity, enough for 10 bombs.Analysts say that Iran has emerged stronger as a result of the war, with key victories including the survival of the Iranian government and its decision to close the Strait of Hormuz, one of the world's key energy arteries. The ceasefire has also given Iran an opportunity to continue with newly imposed levies on ships for safe passage through the Strait.Criticism of Netanyahu's handling of the war has been swift, with Ofer Cassif of the left-wing Hadash party saying that the prime minister has 'failed politically, failed strategically, and didn't meet a single one of the goals that he himself set'. Ahron Bregman, a senior teaching fellow at the Department for War Studies at King's College London, said that 'Israel achieved almost nothing tangible' and that the ceasefire has 'strained the US relationship'.

Hours after Iran and the United States announced a two-week ceasefire, several Gulf nations have reported missile and drone attacks on their territories. The United Arab Emirates (UAE) said its air defences were actively engaging incoming missiles and drones from Iran.The UAE’s Defence Ministry stated that the sounds of explosions heard across the country were caused by air defence systems intercepting ballistic missiles, cruise missiles, and unmanned aerial vehicles. Kuwait also reported intercepting a wave of Iranian drones launched since 8am (05:00 GMT), with some targeting vital oil facilities, power stations, and water desalination plants, causing serious infrastructure damage.Kuwait’s Defence Ministry said it dealt with a total of 28 drones, while Bahrain’s Ministry of Interior reported alleged Iranian attacks that injured two people and damaged several houses. Explosions were heard in Bahrain’s capital, Manama, with smoke rising from an area on Sitra Island that hosts Bahrain’s principal energy facilities.Iran has not responded to the claims by the Gulf nations. Meanwhile, Iranian state television reported that an oil refinery on the country’s Lavan Island came under attack, with firefighters working to contain the blaze. The US-Iran ceasefire was agreed upon barely an hour before US President Donald Trump’s deadline to obliterate Iran was set to expire.Gulf countries have faced repeated drone and missile barrages from Iran over recent weeks in response to the US and Israeli strikes that began on February 28. Iran targeted fossil fuel infrastructure in the oil-rich Gulf nations while effectively closing the strategic Strait of Hormuz to shipping, through which one-fifth of global oil usually passes.

The United States and Iran have agreed to a two-week ceasefire, with Iran reopening the strategic Strait of Hormuz and talks set to begin in Islamabad, Pakistan. The agreement was reached after a request from Pakistan's Prime Minister Shehbaz Sharif and pressure from China.Iran's Minister of Foreign Affairs, Abbas Araghchi, confirmed that safe passage through the Strait of Hormuz will be ensured for two weeks through coordination with the country's armed forces. Under the agreement, Iran and Oman will be allowed to charge transit fees on passing ships, with Tehran planning to use the revenue for post-war reconstruction.The ceasefire was agreed upon just an hour before US President Donald Trump's deadline to escalate the conflict expired. Trump's move followed a request from Pakistan's Prime Minister, who urged Washington to extend its deadline for a deal and called on Iran to reopen the strait. The breakthrough came after talks with Pakistan's leadership, which had pushed for a ceasefire.Iran has proposed a 10-point peace plan, which includes lifting sanctions, creating a war-loss fund, a potential US troop withdrawal from the Gulf, and recognition of Iran's right to enrich uranium in exchange for a pledge not to build nuclear weapons. However, it is unclear whether the US has agreed to any of these proposals.The ceasefire has triggered street celebrations in Tehran and Baghdad, with Iranian leaders declaring the conflict is ending 'on Iran's terms'. However, some citizens remain skeptical, warning the US and Israel may be using the pause to 'buy time' and regroup.The agreement has also had an impact on the global economy, with crude prices falling below $100 after Trump's announcement. However, analysts remain cautious, with markets in 'wait-and-see mode' as a 'big gap' remains in negotiations.

The United States and Iran have agreed to a two-week ceasefire, with talks to finalize a peace deal set to begin in Pakistan's Islamabad on Friday. The truce, announced by US President Donald Trump, will see Iran reopen the Strait of Hormuz, a vital maritime corridor through which a fifth of the world's oil supply passes.Countries around the world have welcomed the development, with many urging a lasting peace in the region. Israel's Prime Minister Benjamin Netanyahu supported Trump's decision, while also noting that the ceasefire does not include Lebanon, where Israeli forces have launched a ground invasion and are fighting with the Iran-aligned Hezbollah.Iraq's Ministry of Foreign Affairs welcomed the news of the ceasefire but stressed the need for full commitment to the deal to achieve a lasting resolution. Egypt's Ministry of Foreign Affairs said the ceasefire represents a very important opportunity for negotiations, diplomacy, and constructive dialogue.The United Nations Secretary-General Antonio Guterres welcomed the announcement and called on all parties to abide by the terms of the ceasefire. Japan's Chief Cabinet Secretary Minoru Kihara said Tokyo welcomes the news of a two-week ceasefire between the US and Iran as a positive move.Indonesia's Foreign Ministry called on Iran and the US to respect the sovereignty, territorial integrity, and diplomacy of each side. Malaysia's Ministry of Foreign Affairs said the ceasefire marks a significant development and serves as a crucial step towards de-escalating tensions and restoring peace and stability to the Middle East.Australia's Prime Minister Anthony Albanese and Minister for Foreign Affairs Penny Wong issued a joint statement welcoming the news and expressing their hopes that the deal will lead to a long-lasting resolution. New Zealand's Minister of Foreign Affairs Winston Peters said his government welcomes the news of a ceasefire, although many concerns remain.

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 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.

The fragile ceasefire between Iran and Israel faced a serious crisis on Wednesday as both sides presented conflicting accounts of the agreement. The development raised concerns about the potential collapse of the truce.Israel escalated its military operations in Lebanon, launching its heaviest attack yet on over 100 targets, resulting in at least 254 fatalities. This move directly contradicts the claims of Iran and Pakistan, who brokered the 11th-hour truce and asserted that the ceasefire included Lebanon.In response, Iran halted the passage of oil tankers through the Strait of Hormuz, citing an alleged Israeli breach of the ceasefire. The Fars news agency reported that oil prices had dropped sharply below $100 a barrel following the truce announcement, leading to a global stock market surge.The White House disputed Iran's claims about the closure of the Strait of Hormuz, calling the reports 'false' and stating that US President Donald Trump expected it to reopen 'immediately, quickly and safely.' The US signaled its continued adherence to the ceasefire, even as it threatened to unravel.Iran and the US have different interpretations of the agreement. Trump conveyed a version suggesting a 15-point proposal from the US, which included no enrichment of uranium and the destruction of Iran's highly enriched uranium stockpile. In contrast, Iran's 10-point plan, which Trump initially referred to as a 'workable basis for negotiation,' included the right to enrich uranium and the full lifting of sanctions.The US and Iran are set to engage in talks in Islamabad, Pakistan, this weekend, with a US negotiating team led by Vice-President JD Vance. The talks aim to cement the ceasefire into a more durable peace agreement, but significant gaps remain to be bridged.The situation in the Gulf remains fragile, with the US and Israel claiming to have destroyed Iran's industrial base and significant military assets. Iran, on the other hand, portrays the truce as a victory, with senior politician Ali Akbar Velayati stating that 'America was forced to accept a ceasefire.'

Pakistan's diplomatic efforts have yielded a significant breakthrough, securing a temporary ceasefire between the US and Iran. The development comes after intense negotiations led by Pakistan's Prime Minister Shehbaz Sharif and Army Chief Asim Munir.The crisis had escalated to a point where Pakistan's government and military were deeply concerned about the potential consequences for the country's economy, defense, national security, and sectarian harmony. A defense pact with Saudi Arabia meant that if Riyadh entered the war, Pakistan would be drawn into it as well.Behind the scenes, Munir and Asim Malik, the country's head of army intelligence and national security adviser, played a crucial role in mediating the ceasefire. Munir's strong personal rapport with US President Donald Trump and his longstanding relationship with Iran's Revolutionary Guards were instrumental in brokering the deal.China emerged as a key player in the negotiations, with Pakistani officials claiming that Beijing directly encouraged Iran to accept a ceasefire, promising to act as a guarantor of Iran's safety in any talks. This included assurances that Iranian leaders would not be assassinated if they traveled for negotiations.The ceasefire deal was secured by 4am in Islamabad, with both the US and Iran agreeing to a temporary and fragile truce. Michael Kugelman, south Asia fellow at the Atlantic council, described it as Pakistan's 'biggest diplomatic win in years'.Pakistani officials have expressed concerns that Israel and the United Arab Emirates could still try to sabotage the peace process. However, the successful brokering of the ceasefire has been hailed as a 'shining moment' in Pakistan's history and a 'first step' towards peace.