President Trump welcomed the ceasefire agreement between the US, Israel, and Iran, calling it a 'big day for World Peace.' He assured support for traffic buildup in the Strait of Hormuz. Iran claimed to have forced Washington to accept a 10-point plan covering sanctions relief and recognition of uranium enrichment.
The US and Iran agreed to a two-week ceasefire, which global powers welcomed while urging for long-term peace. Japan stressed the need for concrete steps, including ensuring safe passage through the Strait of Hormuz. Israel later noted that the ceasefire does not include Lebanon, highlighting some discrepancies.
The US and Iran have agreed to a two-week ceasefire, with peace talks set to begin in Pakistan. This truce will also allow Iran to reopen the Strait of Hormuz, a vital oil transit route. Global nations have welcomed the development, urging for lasting peace in the Middle East.
US President Trump announced the US will assist in managing vessel traffic through the Strait of Hormuz following a two-week ceasefire with Iran. The deal allows Iran to collect fees from ships passing through the strategic waterway to fund reconstruction efforts. Iran hailed the truce as a success and stated it would begin talks with Washington in Pakistan starting Friday.
A two-week ceasefire between the US, Israel, and Iran was announced, welcomed by Asian nations hoping for Middle East de-escalation. Leaders expressed hope that the truce could pave the way for broader conflict resolution, particularly the resumption of navigation through the Strait of Hormuz. However, some noted that lasting peace requires stability across the region, beyond just Iran.
US President Trump announced a two-week suspension of threats to bomb Iranian energy infrastructure following talks with Pakistan. This is conditional on Iran reopening the Strait of Hormuz, as both sides discuss a conditional ceasefire. Iran submitted a ten-point proposal that includes the condition of continuing uranium enrichment.
Turkish President Erdogan urged the implementation of the Iran-US ceasefire accord during a call with US President Trump. The UK Prime Minister noted that significant work remains to reopen the Strait of Hormuz. Large-scale anti-war protests demanding an end to the Iran conflict took place in Japan.
US President Trump optimistically stated that a ceasefire deal with Iran could usher in a 'Golden Age' for the Middle East. He mentioned the US would support logistics in the Strait of Hormuz, leading to significant economic gains. However, Israel noted that attacks on Hezbollah in Lebanon are excluded from the ceasefire.
Madagascar declared a 15-day energy emergency due to supply chain disruptions caused by the Middle East conflict. This move addresses a severe energy crisis driven by rising global oil prices and reduced fuel availability. Although a US-Iran ceasefire eased oil prices, supply recovery is expected to be slow.
UK house prices fell in March as the housing market lost momentum amid uncertainty over the Middle East conflict. Concerns over higher energy prices and inflation expectations drove up mortgage rates. However, the US-Iran conditional ceasefire agreement led to some adjustments in interest rate hike forecasts.