Ceasefire breakthrough: US Iran agree to 2 week truce, Hormuz to reopen



The United States and Iran have agreed to a two week ceasefire, with Iran committing to reopen the Strait of Hormuz, a critical global oil route.

The deal was reached just hours before a U.S. deadline for major strikes, marking a sudden shift from escalation to diplomacy.

The ceasefire is conditional:
• U.S. suspends military strikes
• Iran ensures safe passage through Hormuz
• Talks continue toward a broader agreement

Markets reacted immediately, with oil prices dropping as supply fears eased.

Breakthrough moment.
Tensions easing for now.
Next step: lasting peace?

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