President Donald Trump revealed that Iran has formally submitted a ceasefire request to the United States. However, Trump insisted that Washington would only consider the request if the Strait of Hormuz was fully reopened to tanker traffic without any disruption.
For now, Trump has warned that he will continue a massive attack on Iran until the strategic maritime route is secured. He also stated that the main goal of destroying Iran’s nuclear capabilities has been achieved, allowing US forces to plan a withdrawal within the next two to three weeks.
In a surprising development, Trump threatened to pull the US out of NATO in response to the refusal of European allies to support his military operations in Iran. He described the defense alliance as no longer relevant and criticized British leader Keir Starmer for refusing to join the attack.
Iran, for its part, has expressed its willingness to reopen the Strait of Hormuz, but with strict conditions including compliance with new laws and a proposed maritime toll. The statement was seen as Tehran's attempt to maintain control over global energy flows despite US military pressure.
Financial markets reacted positively to the news with major indexes on Wall Street rising. Brent crude oil prices also fell below $103 a barrel as investors began to consider the possibility of an end to the conflict that has dragged on for more than a month.
