Lawmakers Respond with Praise, Questions Following Iran Deal Announcement
The agreement calls for an immediate ceasefire and a framework for further talks, with leaders saying it could ease energy costs and support global stability.
- On Sunday, President Donald Trump announced a ceasefire deal with Iran ending the 106-day war, calling for an immediate 60-day truce and reopening the Strait of Hormuz.
- The agreement ends the U.S. naval blockade that paralyzed the waterway carrying nearly 20% of the world's oil during peacetime, restoring critical global energy flows.
- Global leaders hailed the ceasefire as stabilizing, with British Prime Minister Keir Starmer calling for "urgent and unconditional reopening" of the strait and the United Nations welcoming it as a critical step.
- Republican lawmakers praised the deal; Sen. Tim Scott called it a "major victory," while Democratic Sen. Kirsten Gillibrand criticized the strategy, citing gas prices that rose more than 50% during the war.
- Israelis expressed anger at Prime Minister Benjamin Netanyahu over his handling of the conflict, while officials said further technical details will be available within 48 hours.
19 Articles
19 Articles
The Express Tribune
Pakistan eyes more global bond issues, sees budget upside from Iran deal
The government could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to return to normal, after the conflict pushed inflation back into double digits, Aurangzeb said. "We were looking at how we manag…
Aurangzeb sees budget upside from US-Iran deal, but says 'way too premature' to revise projections
Pakistan could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the US and Iran signed a deal to end the fighting. Damaged energy infrastructure meant supply chains would take time to return to normal, after the conflict pushed inflation back into double digits, Aurangzeb said. “We were looking at how we manage the se…
World Leaders Welcome US-Iran Peace Deal, Urge Full Implementation and Reopening of Strait of Hormuz
U.S. and Iranian officials said on Sunday they have agreed on a deal to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, possibly leading to lower energy prices once oil shipments resume through the critical waterway.Below is international reaction
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