The United States and Iran have agreed to a mutual ceasefire. A lasting settlement of the conflict could have significant effects on the financial markets.
US President Donald Trump announced on his Truth Social platform before the deadline he had set that Washington was prepared to suspend military strikes against Iranian targets if Tehran opened the strategically important Strait of Hormuz to shipping.
The Tasnim news agency, which is close to the Iranian Revolutionary Guards, confirmed Iran’s approval of the ceasefire proposed by Trump. This means that de-escalation in the region seems assured for the time being.
Iran announces opening of Strait of Hormuz to shipping traffic
Iranian Foreign Minister Abbas Araghchi has announced that the Strait of Hormuz will be opened to shipping traffic. The strategically important strait plays a central role in global oil trade.
In an official statement, Araghchi said the decision was made in coordination with the Iranian armed forces. Technical restrictions should be taken into account during implementation to ensure orderly passage.
The Strait of Hormuz is considered one of the most important waterways for international energy transport. A significant portion of the world’s oil shipments pass through this strait between the Persian Gulf and the Gulf of Oman.
The announcement is likely to be closely watched in global energy markets, as any change in this region can have a direct impact on oil prices and security of supply.
Military goals achieved – focus on diplomacy
Trump said American forces had already achieved their military goals. Attention is now turning to diplomatic solutions. “We have received a ten-point proposal from Iran and are convinced that it offers a viable basis for negotiations,” wrote the US President.
According to Trump’s account, almost all historical points of conflict between Washington and Tehran have already been resolved. The two-week breathing space should be used to work out the final details of a comprehensive agreement and prepare for its implementation.
Mediator Pakistan confirms ceasefire effective immediately
According to mediator Pakistan, the ceasefire between Iran and the USA takes effect immediately. The Islamic Republic of Iran and the United States of America and their allies have agreed to an immediate ceasefire including in Lebanon and elsewhere, Prime Minister Shehbaz Sharif wrote on X.
Sharif invited delegations from both countries for further talks on Friday in the Pakistani capital Islamabad, where representatives from Washington and Tehran are expected to negotiate a final agreement to resolve the conflict.
Both sides demonstrated “remarkable wisdom and understanding” in the talks and worked constructively for peace and stability. Iran’s neighboring country Pakistan mediated the war between representatives from Washington and Tehran.
Strait of Hormuz as a pivotal point
The opening of the Strait of Hormuz is the central condition for the ceasefire. Millions of barrels of crude oil are transported through this strait between the Persian Gulf and the Gulf of Oman every day – blocking it would have a serious impact on global energy markets.
Observers see the agreement as a significant step towards detente in one of the most geopolitically sensitive regions in the world. If the negotiations are successful, it could mark the end of decades of tension between the two nations.
Two-week window for historic agreement
The agreed period of fourteen days is intended to give both sides time to clarify the final contract details and sign a viable long-term agreement. Trump was optimistic that the peace talks could be concluded successfully.
For the international ones Financial markets A lasting settlement to the conflict could have significant implications – particularly for oil prices, defense stocks and companies with business interests in the Middle East. Investors are therefore watching developments with great attention.
Pentagon announces press conference
The Pentagon quickly announced a press conference with US Defense Secretary Pete Hegseth and Chief of Staff Dan Caine this Wednesday. The two want to appear in front of the press at 8:00 a.m. (local time, 2:00 p.m. CEST).
Previous ultimatum and threats from Trump
In the last hours before the end of his set deadline (Wednesday, 2:00 a.m. CET), US President Donald Trump has dramatically intensified his threatening behavior towards Iran. Through his Truth Social platform, he announced that “an entire civilization will perish tonight, never to return.” According to Trump’s account, the United States has the military capacity to cause “total destruction” within four hours. “The entire country can be wiped out in one night, and that could be tomorrow night,” said the US President.
Melanie Schürmann, editorial team at finanzen.net
