The Iran-US ceasefire has paused a war that shook global markets and sent oil prices soaring, but what really changed? US President Donald Trump pulled back from last-minute strikes as both sides agreed to a two-week truce. Iran has reopened the Strait of Hormuz, but under strict control, with Foreign Minister Abbas Araghchi making it clear that ships move only under Tehran’s watch. Markets have reacted positively, but uncertainty remains. US-Iran talks are set to begin Friday, raising hopes for a longer peace. Despite heavy strikes, Iran’s regime remains intact, and both sides are claiming victory.


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