US–IRAN CEASEFIRE: STRAIT OF HORMUZ TO REOPEN AS OIL MARKETS REACT
Donald Trump announced a two-week ceasefire between the United States and Iran after intense regional tensions.
Iran says the Strait of Hormuz can reopen if attacks are halted.
The strait carries about 20% of the world’s oil supply.
Oil prices fell sharply and global markets jumped after the announcement.
But the deal is already facing confusion, with Israel saying the truce does not include Lebanon.
That leaves major questions about whether this pause will hold or collapse.
Is this the beginning of real peace, or just a short break before the next crisis?
