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    US–Iran Conditional Ceasefire Eases Tensions, Oil Prices Drop

    US–Iran Conditional Ceasefire Eases Tensions, Oil Prices Drop

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      In a significant geopolitical development, Donald Trump announced agreement on a conditional two-week ceasefire between the United States and Iran—an arrangement closely tied to reopening the strategic Strait of Hormuz for global shipping.

      Ceasefire Terms and Iran’s Conditions

      According to Abbas Araghchi, Tehran will agree to halt hostilities only if all attacks against Iran are stopped. Reports indicate the deal includes a 10-point framework, covering key issues such as compensation.

      The ceasefire was announced just over an hour before Trump’s deadline, in which he warned that failure to reach a deal could result in consequences as severe as “the destruction of an entire civilization.”

      Pakistan’s Mediation Role

      Meanwhile, Shehbaz Sharif has stepped in as a mediator, inviting both sides to attend talks in Islamabad on Friday. This diplomatic move could pave the way for a more sustainable agreement.

      Israel’s Position and Lebanon Uncertainty

      Israel has expressed support for Trump’s decision to pause strikes on Iran, but emphasized that the ceasefire does not extend to Lebanon—a point that remains unclear and contested.

      The war in Lebanon has had devastating consequences:

      • Over 1.2 million people displaced
      • More than 1,500 fatalities
      • Widespread destruction of border villages

      Israeli forces continue operations aimed at establishing a buffer zone in southern Lebanon, raising concerns about potential long-term occupation and the permanent displacement of civilians.

      Hezbollah’s Role Under Scrutiny

      The Hezbollah continues to play a key role in the conflict, launching rockets and drones into northern Israel while engaging Israeli troops on the ground.

      However, the group faces growing criticism in Lebanon, with many accusing it of dragging the country into an unwanted and costly war.

      Market Reaction: Oil Prices Fall

      One of the immediate impacts of the ceasefire announcement has been a sharp reaction in global markets. Oil prices have dropped significantly, now trading well below $100 per barrel, reflecting reduced concerns over supply disruptions.

      Analysis: Victory or Strategic Retreat?

      While Iran is portraying the agreement as a major victory, analysts suggest that Tehran may actually be negotiating from a position of weakness. The ceasefire could represent a tactical pause rather than a long-term strategic success.

      Conclusion

      The two-week ceasefire between the US and Iran has temporarily eased regional tensions, but major uncertainties remain—particularly regarding Lebanon and the broader scope of the conflict. The outcome of upcoming negotiations and the actions of regional players will be critical in shaping what comes next.

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