What happened The US and Iran have agreed to a ceasefire after months of fighting that has claimed thousands of lives and disrupted global markets, according to Donald Trump.
Announcing the breakthrough on social media yesterday, the US president said an agreement had been finalised and indicated that it would include the reopening of the Strait of Hormuz. He also said he had ordered an end to the US naval blockade of Iranian ports. While Tehran stopped short of formally confirming the deal, Iranian state media portrayed the outcome as a victory, saying Washington had been compelled to halt the conflict.
Who said what Trump called on “ships of the world” to start their engines and “let the oil flow”.
Meanwhile, Pakistani Prime Minister Shehbaz Sharif said an official signing ceremony was expected to take place in Switzerland on Friday.
“It’s not really a ‘deal’,” said Jonathan Panikoff on think tank the Atlantic Council’s Dispatches news platform. “But Trump’s memorandum with Iran can be the start of something bigger.”
What next? The agreement’s full details have not yet been published, although officials had previously suggested that it would begin with a 60-day cessation of hostilities.
This month Israel bombed sites in Iran for the first time since a ceasefire began in April. “It is not clear if the Israeli strikes will have any impact” on the deal, said Jaroslav Lukiv on the BBC.
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