US secretary of defence Pete Hegseth claimed today that Iran begged for Donald Trump’s 11th-hour ceasefire.
Last night, just a few hours before Trump’s deadline for Iran to agree to reopen the Strait of Hormuz, the US president said via Truth Social that he had agreed to ‘suspend the bombing and attack of Iran for a period of two weeks,’ after earlier sparking doomsday fears when he threatened to wipe out its ‘entire civilisation’.
In a later post, the US President hailed ‘a big day for world peace’ after agreeing to pause the attacks.
At a Pentagon press briefing, Hegseth said Trump achieved ‘victory with a capital V.’
He added that Iran’s missile programme has been ‘functionally destroyed’ and that Iran’s navy ‘is at the bottom of the sea’. On top of this, he said, ‘we [the US] own their skies’.
Global markets and world leaders have reacted positively to last night’s news of the ceasefire.
In Europe, Frankfurt surged a massive 5% at the opening of the market. Meanwhile, the FTSE 100 rose 2.55% in the minutes after it opened. Over in Asia, Japan’s Nikkei index closed up more than 5% and South Korea’s Kospi nearly 7% on Wednesday.
Meanwhile, France’s Emmanuel Macron this morning said the deal was a ‘very good thing’.
But Trump ominously told Sky News’ Trump100 podcast hours after the ceasefire was announced: ‘If the [ceasefire] isn’t good, we’ll go right back to [war].’
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Downing Street says it will work with EU and others to ‘ensure freedom’ in Hormuz
We welcome the two-week ceasefire concluded between the United States and Iran today. We thank Pakistan and all partners involved for facilitating this important agreement.
The goal must now be to negotiate a swift and lasting end to the war within the coming days. This can only be achieved through diplomatic means. We strongly encourage quick progress towards a substantive negotiated settlement.
This will be crucial to protect the civilian population of Iran and ensure security in the region. It can avert a severe global energy crisis. We support these diplomatic efforts. To this end, we are in close contact with the United States and other partners.
We call upon all sides to implement the ceasefire, including in Lebanon. Our Governments will contribute to ensuring freedom of navigation in the Strait of Hormuz.
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