Iran ceasefire deal a partial win for Trump - but at a high cost
The path to the two-week ceasefire with Iran may have fundamentally altered the way the rest of the world views the US.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
The path to the two-week ceasefire with Iran may have fundamentally altered the way the rest of the world views the US.
Despite the U.S.-Iran ceasefire, the resumption of large-scale oil shipping through the Strait of Hormuz remains uncertain, potentially keeping oil prices high and causing supply shortages for major importing nations.
Negotiations between the U.S. and Iran have shown some signs of progress, although a ceasefire agreement before President Trump's 8 p.m. ET deadline remains unlikely, with Trump threatening to target Iranian infrastructure if no agreement is reached.
Iran has rejected a proposal for a temporary ceasefire, state media reported, as U.S. President Donald Trump's deadline to strike Iran's power plants and bridges approaches if no agreement is reached.
Amid a volley of deadlines being announced by US President Donald Trump, a report has claimed that Washington, Iran and regional mediators are discussing a potential 45-day ceasefire that could lead to a permanent end to the war.
President Donald Trump called a proposal to end the war with Iran a 'significant step' but 'not good enough' to persuade him to end his military campaign.
President Trump said he's not interested in a ceasefire with Iran because, from a military standpoint, Iran is 'finished.' Late Friday, he also said he's considering 'winding down' military operations.
Donald Trump has warned he is not ready to seek a deal to end the US-Israeli offensive against Iran, saying that though he thought Tehran was keen to negotiate a ceasefire, the US would fight on for better terms.
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from reaching bear market territory or even a correction, suggesting investors aren’t panicking yet about the U.S.-Israel war on Iran.
Iran will not accept anything short of a complete end to the war, rejecting a ceasefire despite Donald Trump’s imminent threats to raze the nation to the ground.
The U.S. dollar weakened slightly after Iran rejected a ceasefire proposal and President Donald Trump ramped up threats against the country.
Global fuel prices are unlikely to see immediate relief even if the United States and Iran reach a ceasefire, according to a leading energy analyst, underscoring how deeply the closure of the Strait of Hormuz has rattled oil markets.
Iran has rejected the proposal for a temporary ceasefire with the United States, Iranian state news agency IRNA reported, as U.S. President Donald Trump's deadline to strike Iran's power plants and bridges approaches if no agreement is reached.
President Donald Trump announced a two-week ceasefire with Iran, claiming a 'definitive' peace agreement. However, the deal's terms, including Iran's control over the Strait of Hormuz, may have significant geopolitical implications.
President Trump agreed to a two-week ceasefire with Iran, allowing negotiations to proceed. While this provides temporary relief, the long-term costs and geopolitical ramifications remain uncertain.
President Trump declared a 'total and complete victory' after agreeing to a two-week ceasefire with Iran, marking a significant development in the ongoing conflict.
President Trump agrees to a two-week ceasefire with Iran, postponing the threat of extensive military strikes on Iranian infrastructure.
President Trump announces a two-week ceasefire with Iran, contingent on Iran's commitment to reopen the Strait of Hormuz.
President Trump announces a two-week ceasefire with Iran, providing a window for diplomatic negotiations to resolve the conflict.
Similar Stories
Related coverage based on topic and tags
US-Iran MOU on 60-day ceasefire extension reached, but Trump must approve, sources say - Reuters
US-Iran MOU on 60-day ceasefire extension reached, but Trump must approve, sources say Reuters
May 28, 2026 at 05:02 PMTrump tells US negotiators 'not to rush' into deal with Iran
The deal under discussion would involve a 60-day ceasefire extension during which the Strait of Hormuz would be reopened, according to US media.
May 24, 2026 at 08:26 PMUS strikes Iran targets for second time in three days
The hostilities come during a fragile ceasefire between the US and Iran, and protracted negotiations to end the three-month war.
May 28, 2026 at 06:51 AMIran 'getting a lot closer' to agreement with US, Trump says
Tehran also signals progress on talks but says the key issue of nuclear weapons is not part of an initial framework it is working on.
May 23, 2026 at 06:05 PMUS and Iran 'very close' to deal but 'not there yet', Vance says
US officials earlier told the BBC that the framework of a ceasefire extension deal had been agreed, pending the approval of Trump and Iran's leadership.
May 28, 2026 at 11:32 PMTrump says US 'not satisfied' with Iran deal yet
The US president says he believes Iran wants to reach a deal but there is still no agreement on its terms.
May 27, 2026 at 05:37 PM