The United States and Iran have agreed to a two-week ceasefire, allowing for the reopening of the Strait of Hormuz, a crucial maritime route. This agreement comes just before a deadline set by former President Donald Trump. Both nations claim victory in the month-long conflict, which has disrupted global financial markets and driven oil prices up. However, Israeli Prime Minister Benjamin Netanyahu has stated that the ceasefire does not extend to Lebanon, where ongoing military actions have resulted in over 1,500 deaths, including many civilians. Iran's Supreme National Security Council has conditionally accepted the ceasefire, contingent upon halting attacks against Iran. Negotiations are scheduled to begin on April 10, 2026, in Islamabad, with Iran proposing a 10-point peace plan that includes demands such as the withdrawal of US forces from the region and acceptance of its uranium enrichment program. Despite the ceasefire announcement, missile alerts have continued in the United Arab Emirates, Qatar, and Israel, indicating that tensions remain high.