TRUMP SAYS CEASEFIRE IS SUBJECT TO STRAIT OF HORMUZ REOPENING

IRAN ACCEPTED PAKISTAN'S TWO-WEEK CEASE-FIRE PROPOSAL FOLLOWING FRANTIC DIPLOMATIC EFFORTS BY PAKISTAN AND LAST-MINUTE INTERVENTION BY CHINA: NYT

THE CEASE-FIRE WAS APPROVED BY THE NEW SUPREME LEADER, AYATOLLAH MOJTABA KHAMENEI

BREAKING: US oil prices extend losses to $97.50/barrel, now down -20% in 8 hours, after President Trump announces a 2-week ceasefire with Iran.

JUST IN: 🇮🇷 Iranian Foreign Minister Araghchi officially announces "safe passage through the Strait of Hormuz" will be granted for 2 weeks.