Trump and Iran have announced a two-week ceasefire, which will result in the opening of the Strait of Hormuz. This development was reported by the Financial Times.
Following the announcement, Asian markets have staged a relief rally, and oil prices have dropped. This market reaction was highlighted by the Wall Street Journal.
This report is based solely on a social media post. Independent verification has not been carried out.
Source Tweets:
Trump and Iran announce two-week ceasefire that will open Strait of Hormuz-FT
— First Squawk (@FirstSquawk) April 8, 2026
Asian Markets Stage Relief Rally, Oil Drops on Trump-Iran Cease-Fire-WSJ
— First Squawk (@FirstSquawk) April 8, 2026