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Australian Shares Slip, Oil Bounces with Truce in Doubt

Talks will center on reopening the Strait of Hormuz after a ceasefire that sent Brent crude down from nearly $110 to $95 a barrel, officials said.

  • On Friday, U.S. and Iranian delegations will arrive in Islamabad for negotiations following a two-week ceasefire. Vice President JD Vance, special envoy Steve Witkoff, and Jared Kushner will attend Saturday's first round of talks.
  • President Trump agreed to halt strikes roughly 90 minutes before his deadline after receiving a 10-point plan from Iran. Iran agreed to reopen the Strait of Hormuz, though it retains control of the narrow passage for two weeks.
  • Secretary of Defense Pete Hegseth claimed the U.S. achieved an "historic and overwhelming victory" during an early briefing. Yet troops remain "prepared to restart at a moment's notice," signaling continued readiness across the Gulf.
  • Reports of ongoing Israeli strikes in Lebanon and continued attacks tested the fragile ceasefire as markets showed trepidation. Iranian state media claimed the Strait of Hormuz had been closed again, a report the White House was quick to deny.
  • Pakistan Prime Minister Shehbaz Sharif, who brokered the pause, urged parties to "respect the ceasefire for two weeks" so diplomacy can lead. The window remains critical for preventing further escalation in the Middle East.
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29 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

US-Iran ceasefire hangs in the balance

Iran has claimed the US has violated the ceasefire, putting the agreement in doubt.

·Sydney, Australia
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Pennsylvania Capital-StarPennsylvania Capital-Star
+20 Reposted by 20 other sources
Lean Left

A day after Iran-US ceasefire declared, doubts linger amid continuing Gulf strikes

Armed police patrol as Iranians gather in Tehran's Revolution Square after the United States and Iran agreed to a two-week ceasefire, on April 8, 2026 in Tehran, Iran. (Photo by Majid Saeedi/Getty Images)WASHINGTON — The United States and Iran both claimed victory Wednesday, a day after agreeing to a two-week conditional ceasefire, though doubts loomed following continued strikes across the Gulf nations and an indication by Iran that it will con…

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oklahomavoice.com broke the news in on Wednesday, April 8, 2026.
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