After U.S. President Donald Trump
repeatedly issued threats to annihilate and destroy Iranian civilization if it
did not open the Strait of Hormuz and strike a deal with the U.S., Iran
ultimately agreed to Trump’s ultimatum as the deadline he had set approached.
On April 8, 2026, Iran and the US agreed to a two-week ceasefire, which Iran
subsequently followed up by gradually opening the Strait of Hormuz.
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| Picture`s Source: BBC |
The Strait of Hormuz, through
which 20 percent of the world’s oil and gas supply passes, is crucial to the
global economy. During the Iran-U.S.-Israel conflict, Iran closed the Strait of
Hormuz, causing global oil prices to skyrocket to $100 per barrel and even
surpassing that mark to reach $110 per barrel.
This has inevitably led to rising
prices for commodities such as motor vehicle fuel, jet fuel, natural gas, and
food—not only in countries across the Middle East and within the United States,
but also throughout the world. As a demonstration of its commitment to the
ceasefire, Iran proposed a 10-point peace plan, which the U.S. approved and
which includes, among other things:
The U.S. must, in principle,
commit to guaranteeing non-aggression
Iran’s continued control over the
Strait of Hormuz
Iran’s right to enrich uranium
must be recognized
Lifting of all primary sanctions
Lifting of all secondary
sanctions
Revocation of all UN Security
Council resolutions
Revocation of all resolutions of
the Board of Governors of the International Atomic Energy Agency (IAEA)
Payment of compensation for
damages inflicted upon Iran
Withdrawal of U.S. combat troops
from the region
Ceasefire on all fronts,
including against the heroic Islamic resistance in Lebanon.
Reading the points above, Iran
appears very confident and has the upper hand. It would come as no surprise if
Iranian officials were to declare victory in the war against the U.S. and
Israel in 2026. Unfortunately, shortly after the US-Iran ceasefire agreement,
Israel violated the ceasefire by attacking Iranian proxies in Lebanon. This has
the potential to spark new turmoil that threatens to unravel the ceasefire
previously agreed upon by the US and Iran.
Currently, the Iran-U.S.
diplomatic and negotiation process is still proceeding with great difficulty in
Pakistan. U.S. Vice President JD Vance is personally leading the U.S.
negotiation team, with Pakistan acting as mediator. How will this conflict end?
We hope that the 14-day ceasefire agreement between Iran and the U.S. continues
to yield positive results, fostering conditions that support the realization of
lasting world peace—not a fleeting peace that risks triggering new turmoil and
unrest. Hopefully!

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