Trump extends Iran ceasefire indefinitely

President Donald Trump has unilaterally extended the ceasefire in the conflict with Iran, citing a request from Pakistan's leadership to allow more time for diplomatic negotiations.

This decision comes as the previous two-week truce was set to expire, though planned high-stakes talks in Islamabad remain in a state of flux.

Despite the pause in active military strikes, the U.S. continues its aggressive naval blockade of the Strait of Hormuz, which Tehran has characterized as piracy and state terrorism.

Markets have reacted with cautious optimism to the extension, even as tensions remain high following reports of Iranian gunboats firing on container ships in the vital energy corridor.