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Iran has declared a “historic defeat” of the US and Israel, claiming Washington accepted a sweeping 10-point proposal including ceasefire, sanctions removal, and troop withdrawal as a "workable basis" to begin negotiations.
And after a 39-day intense war, Donald Trump decreed he is pausing strikes against Iran for two weeks. πππ
This follows his dire warning on Tuesday morning that “a whole civilization will die tonight, never to be brought back again” if Tehran did not comply with his demands.
On Tuesday evening, within hours of the planned apocalypse, Trump took to his platform Truth Social to announce he has reversed course. πππ
The message was posted online at 06:32 PM US Eastern time (22:00 GMT), just under one and a half hours before Trump’s 08:00 PM (00:00 GMT) deadline for Iran's obliteration.
Tehran said talks in Islamabad, Pakistan starting Friday will finalize the deal, but warned the war is not over.
Iran acknowledged it will honour Trump's reveal of a cessation of hostilities lasting fourteen days. However, Iranian Foreign Minister Seyed Abbas Araghchi insisted to put in place two conditions for this ceasefire to hold. All attacks against Iran are halted. And for the said period, safe passage through the Strait of Hormuz will be permitted via coordination with Iran's Armed Forces and with due consideration of technical limitations.
It is likely to be a bumpy ride, but in after-hours trading, the price of a barrel of oil dropped below the $100 mark for the first time in days and US stock futures soared. There appears to be a sense of optimism that the worst is over. I don't know about you but I'm not holding my breath.
And even if the two-week ceasefire does result in a permanent peace, the Iran war – and Trump's recent rants – may have fundamentally altered the way the rest of the world views the US. πππ



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