Kian Sharifi
The United States and Iran have agreed to a two-week cease-fire, brokered by Pakistan, premised on Iran reopening the Strait of Hormuz. The announcement came less than two hours before US President Donald Trump’s self-imposed deadline was set to expire at 8 pm ET on April 7.
Global markets rallied. Oil prices fell. Leaders around the world expressed relief.
But the cease-fire is already proving to be fragile, with Iranian strikes reported across Arab states in the Persian Gulf just hours after the pause in fighting went into effect. Meanwhile, Israel has continued its attacks in Lebanon on Hezbollah, an Iranian proxy that has been designated a terror organization by Washington.
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