US and Iran Agree Two-Week Ceasefire; Strait of Hormuz Reopens

The United States and Iran reached a two-week ceasefire agreement hours before Trump's deadline.

Trump announced the deal on social media, framing it as a double sided CEASEFIRE.

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Iran's foreign minister stated that safe passage through the Strait of Hormuz would be possible if coordinated with Iran's military.

The deal did not include northern theaters such as Lebanon.

The reopening of the Strait of Hormuz was a central component of the ceasefire.

Iran said it would allow safe passage in coordination with its armed forces.

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Coastguards warned any ship trying to transit without permissions would be targeted and destroyed.

Maritime experts cautioned that uncertainty and confusion remained high.

Oil prices plummeted more than 15%, though remained above pre-war levels.

Despite the ceasefire, Israel continued bombing Lebanon.

“Trump says talks will happen ‘very soon,’ Vance may not attend because of ‘safety, security’ President Donald Trump said Vice President JD Vance may not attend upcoming negotiations due to “safety, security,” though his exact concerns were not disclosed, he told the NY Post in a phone interview”

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The Lebanese Health Ministry reported at least 99 people killed since strikes resumed.

The UN Security Council condemned the violence in Lebanon.

Pakistan delayed planned mediation talks between the US and Iran.

The ceasefire was met with relief after six weeks of war.

A Reuters/Ipsos poll found just 27% of Americans approved of the strikes.

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European partners questioned Trump's approach.

Brahma Chellaney described the war as a strategic failure on all fronts.