What to know
- The United States and Iran separately claimed victory after President Donald Trump agreed to pause strikes against the Persian Gulf country for two weeks. But uncertainty in the region persists, as Iran, the United Arab Emirates and Kuwait reported attacks hours after the agreement was announced, and details related to the reopening of the Strait of Hormuz remain unclear.
- Israeli Prime Minister Benjamin Netanyahu said he “supports” the two-week ceasefire but stated that it does not include Lebanon, whose southern region has been invaded by Israel as it continues its war against Hezbollah.
- During a press briefing at the Pentagon this morning, Defense Secretary Pete Hegesth said the Pentagon “has done its part” for now but remains “vigilant” and “ready.”
- Oil prices plunged in the hours after news of an agreement, trading below $100 per barrel this morning — still up 30% since the war started. U.S. gas prices remain about the same at an average of $4.16 per gallon.