US and Iran Announce Two-Week Ceasefire Amidst Persistent Regional Conflicts

The United States and Iran have agreed to a two-week ceasefire, brokered by Pakistan, in an effort to de-escalate a conflict that has lasted 40 days and impacted global energy markets. However, regional tensions remain high, with reports of significant Israeli strikes in Lebanon and Iran's alleged closure of the Strait of Hormuz. US President Donald Trump has issued a warning of potential military action should the terms of the agreement not be fully met.