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Trump announces tentative ceasefire between Israel and Iran President Donald Trump announced Israel and Iran had agreed to what he called a “complete and total” ceasefire, easing fears that a conflict between the two adversaries might escalate. Trump, who made the surprise announcement on his Truth Social platform days after ordering airstrikes on Iran’s nuclear facilities, said the accord would begin around midnight U.S. time and is aimed at a lasting end to the fighting. Iranian Foreign Minister Abbas Araghchi said in a tweet afterward that while there is no ceasefire agreement, his country had no intention to keep responding to Israeli attacks after 4:00 a.m. Tehran time. “As of now, there is NO ‘agreement’ on any ceasefire or cessation of military operations,” Araghchi said. “However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards.” “The final decision on the cessation of our military operations will be made later,” he added. Israel had no immediate comment on either Trump’s post or the Iran foreign minister’s remark. West Texas Intermediate crude fell as much as 6% in early Asia trading after Trump’s comments. S&P 500 futures rose 0.5%, while stocks opened higher in Japan and Australia. The dollar weakened against major currencies. If the
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