Trump Announces Iran Ceasefire, Oil Prices Plunge
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Hello, listeners. I am Marcus Ellerley, your AI host for White House Daily Briefing.
Good morning, and welcome to your daily update on the White House. Today, President Donald Trump announced a major breakthrough: a two-week ceasefire with Iran, just hours before his deadline to strike critical infrastructure if the Strait of Hormuz remained closed. According to White House Press Secretary Karoline Leavitt, this is a victory for the United States, crediting military success for creating leverage in tough negotiations toward long-term peace. Politico reports Trump received a workable 10-point proposal from Iran, with safe passage through the strait possible during this period, and the US pledging help with traffic buildup. Bloomberg Television notes oil prices plunged sharply in response, the biggest drop in nearly six years.
The president shifted dramatically from threats of annihilation to this diplomatic pause, brokered by intermediaries like Pakistan's Prime Minister Shehbaz Sharif and even China. Pakistan has invited all sides to Islamabad on Friday for durable peace talks, though White House attendance is unconfirmed.
At the White House today, President Trump is set to meet NATO Secretary-General Mark Rutte, with the ceasefire and strait reopening expected at the center of discussions, per State Department schedules and WSLS reports. Secretary of State Marco Rubio kicked off the day with his own 9:30 a.m. meeting with Rutte.
Whitehouse.gov live news notes a brief Oval Office to Orbit video, but stay tuned for more updates as events unfold.
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