Bloomberg Politics

US, Iran Agree to Two-Week Ceasefire

Apr 8, 2026Center

The US and Iran agreed to a two-week ceasefire expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. The deal buys time for the two sides to reach a longer agreement to end the six-week-old war, which has killed thousands of people and sparked a global energy crisis. Bloomberg’s Laura Davison and…

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BREAKING: President Trump Announces Double-Sided Ceasefire, Agrees to Suspend Iran Bombing for Two Weeks – Iran Accepts

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BREAKING: President Trump Announces Double-Sided Ceasefire, Agrees to Suspend Iran Bombing for Two Weeks – Iran Accepts

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President Trump posted on Truth Social that after Iran agreed to open the Strait of Hormuz and the US agreed to stop attacks for two weeks. The president says the two countries will negotiate during that time. NBC News’ Gabe Gutierrez and Courtney Kube report.

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The Guardian

Apr 8, 2026

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Oil prices plummeted on Tuesday evening as the energy market reacted to news of a ceasefire in the the U.S-Israeli war with Iran. After President Donald Trump and Iran’s Supreme National Security Council announced they each agreed to the ceasefire, West Texas Intermediate crude oil futures dropped under $100 to its lowest point since late…

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