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Australian Shares Slip, Oil Bounces with Truce in Doubt

Both sides claimed victory as Iran said safe passage through the Strait of Hormuz would resume under coordination for two weeks, officials said.

  • U.S. and Iranian delegations will meet in Islamabad on Saturday for negotiations following a two-week ceasefire, a pause in fighting brokered in part by Pakistan Prime Minister Shehbaz Sharif.
  • President Trump agreed to stop the bombardment for two weeks after receiving a 10-point plan from Iran, describing the proposal on Truth Social as a "workable basis on which to negotiate."
  • Vice President JD Vance, special envoy Steve Witkoff, and Jared Kushner will attend the initial talks; Israeli Prime Minister Benjamin Netanyahu stated the ceasefire does not include Lebanon.
  • Brent crude prices fell to $95 a barrel Wednesday as the truce eased tensions, though Iranian state media indicated the country retains control of the narrow Strait of Hormuz passage.
  • Secretary of Defense Pete Hegseth declared an "historic and overwhelming victory" while warning that U.S. troops remain "prepared to restart at a moment's notice" despite ongoing diplomatic efforts.
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34 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
+25 Reposted by 25 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 on Wednesday, April 8, 2026.
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