US President Donald Trump said on Wednesday that he had agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait of Hormuz
Iran rejected a U.S.-brokered ceasefire and called for a permanent end to the war, while Trump threatened to destroy all bridges and power plants if the Strait of Hormuz remains closed.
Iran and the United States have received a plan to end hostilities that could take effect today and reopen the Strait of Hormuz, a source familiar with the proposals tells Reuters.
Strikes on key sites, rising civilian casualties, and Iran’s continued attacks across the Gulf are intensifying fears of a prolonged war. Meanwhile, global efforts to reopen the Strait of Hormuz remain stalled, driving oil prices higher and deepening economic uncertainty worldwide.