US President Trump says the US have been asked to hold their attack on Iran until such time as their leaders and representatives can come up with a unified proposal; extends ceasefire, but has instructed the military to continue the blockade
- Full Post: "Based on the fact that the Government of Iran is seriously fractured, not unexpectedly so and, upon the request of Field Marshal Asim Munir, and Prime Minister Shehbaz Sharif, of Pakistan, we have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal. I have therefore directed our Military to continue the Blockade and, in all other respects, remain ready and able, and will therefore extend the Ceasefire until such time as their proposal is submitted, and discussions are concluded, one way or the other. President Donald J. Trump"
Context
President Trump's announcement to extend the ceasefire and hold off on attacks against Iran—coupled with a continued military blockade—signals a significant development in U.S.-Iran relations. This decision reflects ongoing geopolitical tensions and may impact oil prices and risk sentiment, particularly affecting energy markets and currencies like the USD, JPY, and GBP as investors assess the implications for stability in the Middle East and broader global economics.
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