News
Ceasefire · Geopolitics · Middle East · Oil
U.S. President Donald Trump and Iran agreed to a two-week ceasefire, deescalating a looming conflict and reopening the critical Strait of Hormuz, just hours before Trump's deadline for devastating strikes on Iranian infrastructure.
President Trump, as reported by The Associated Press, pulled back from his threats to launch devastating strikes on Iran less than two hours before a deadline he set for Tehran to capitulate. The threats included attacks on Iranian bridges and power plants, which Trump stated were meant to destroy Iranian "civilization." The agreement includes the reopening of the Strait of Hormuz, a vital global shipping lane.
The Associated Press reported this development from Tehran, Iran, with contributions from Bassem Mroue, Jon Gambrell, and Samy Magdy, detailing events on Tuesday, April 7, 2026.
Oil Prices Fall as Iran Tensions Ease, India Deal
Trump, Iran Agree Ceasefire; Strait of Hormuz Reopens(current)