Indefinite Ceasefire in Iran War

President Donald Trump has unilaterally announced an indefinite extension of the two-week ceasefire with Iran, citing a request from Pakistan to allow more time for diplomacy.

Despite the pause in active strikes, the U.S. is maintaining its naval blockade of the Strait of Hormuz, a move Tehran has labeled as state terrorism.

The extension comes amid reports that Iran's leadership is seriously fractured, complicating the possibility of a swift peace agreement.

Markets remain on edge as the global energy supply continues to be throttled by the ongoing maritime standoff.