Global Relief: Trump Signs Two-Week Truce as Iran Claims ‘Victory’ in Hormuz Standoff

Markets Surge as "Epic Fury" Pauses; Islamabad Protocol Reopens World’s Most Vital Oil Chokepoint

In a historic midnight announcement that pulled the global economy back from the precipice of a "doomsday scenario," President Donald Trump has officially suspended all offensive military operations against Iran for a fourteen-day period. The decision came just ninety minutes before the expiration of a final U.S. ultimatum that threatened the total destruction of Iran’s power grid and transportation infrastructure. Simultaneously, in Tehran, state media and high-ranking officials within the Islamic Revolutionary Guard Corps (IRGC) have declared a "Strategic Victory." They claim that the U.S. "retreat" from the 8:00 PM deadline proves that Iran’s threat to permanently shutter the Strait of Hormuz and target U.S. corporate interests was a successful deterrent against "Western aggression." The "Islamabad Protocol": A Fragile Peace The ceasefire was finalized following an intense 72-hour diplomatic marathon led by Pakistan’s Field Marshal Asim Munir. The resulting "Islamabad Protocol" serves as a temporary bridge to prevent a total regional collapse. Key Provisions of the Truce: Immediate De-escalation: All U.S. carrier-based sorties under Operation Epic Fury have returned to "defensive patrol" status. Iran has mirrored this by ordering its missile units to stand down from "launch-on-warning" readiness. Hormuz Reopening: Iran has pledged to remove "technical obstacles" and maritime mines from the shipping lanes. The first convoy of five VLCCs (Very Large Crude Carriers) is expected to transit the Strait within the next six hours, escorted by a neutral international flotilla. The 14-Day Negotiating Clock: Formal peace talks will begin on Friday in Islamabad. The U.S. is demanding a "permanent and verifiable" end to Iranian interference in global shipping, while Iran is demanding a total lifting of energy sanctions and a "non-aggression pact."

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