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Iran agrees to 2-week ceasefire after pressure from Trump

What happened

The United States and Iran agreed to a two-week ceasefire barely an hour before President Donald Trump’s midnight deadline to “obliterate” the country, triggering global relief alongside apprehension. Tehran has agreed to temporarily reopen the Strait of Hormuz, through which much of the world’s oil and gas passes, easing concerns for the battered global economy, with oil prices plunging and stocks soaring in response.

Why it matters

Both Tehran and Washington claimed to have won the more than month-long conflict, with Trump saying the deal was a “total and complete victory” for the US, while Iran, too, has cast the ceasefire as a win, agreeing to talks on Friday in Pakistan on a path to end the conflict.

What people said

“Let us be clear, a ceasefire is a pause, and the joint force remains ready, if ordered or called upon,” General Dan Caine said during a press conference. US Secretary of Defense Pete Hegseth also warned that “we stand ready in the background to ensure that Iran upholds every reasonable term.”

Also today

• According to the National Institute of Statistics and Economic Studies (STATEC), Luxembourg’s inflation rate rose sharply to 2.4% in March, nearly doubling from February, as a global energy shock linked to the closure of the Strait of Hormuz in the Iran war has driven prices higher.
• Luxembourg is introducing financial aid of up to €300 to help residents remove Asian hornet nests, as authorities step up efforts to tackle the invasive and potentially dangerous species.
• The BBC breached its own editorial standards by broadcasting a racial slur during the BAFTA awards ceremony, an internal probe found Wednesday.
• Tens of thousands of intimate images of women have been traded without the subjects’ consent in Telegram groups and channels, researchers said Wednesday, calling for the platform to combat the practice.
• Indian action movie “Dhurandhar: The Revenge” has swept domestic box-office records as the highest-earning Bollywood Hindi-language film, its producers said Wednesday, and is vying for other top spots.

On air

In Luxembourg, energy prices rose by 12.2% over the month of March, with heating oil and fuel prices seeing the biggest increases. Food prices are up 2.7% year on year, although alcohol fell by 1.6%. Internationally, Israel has renewed its strikes on southern Lebanon where it is fighting Iran-backed Hezbollah, after the Israeli military warned residents of Tyre and the southern suburbs of Beirut to evacuate. Finally in sport, tonight’s Champions League quarter-finals see holders Paris Saint-Germain preparing to host Liverpool, with pressure mounting on Liverpool coach Arne Slot following a poor 4-0 defeat by Manchester City in the FA Cup at the weekend.

Figure of the day

A Thai court has fined a man 10,000 baht – equivalent to about 300 dollars - after he broke into the enclosure of Moo Deng, an endangered baby pygmy hippo and internet sensation.

• Moo Deng – whose name translates as “bouncy pork” – has gained global attention thanks to social media videos showing her adorable antics, drawing tens of thousands of visitors and boosting zoo ticket sales.
• The man unlawfully entered Moo Deng’s pen last month to record her at the Khao Kheow Open Zoo two hours from Bangkok.

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