Trump Announces Ceasefire Agreement

On June 23 and 24, 2025, former United States President Donald Trump announced that Israel and Iran had agreed to a complete ceasefire after almost two weeks of fighting. The news followed twelve days of missile attacks and bombings that had raised fears of a larger war in the region. Trump shared the plan on social media. The plan called for Iran to stop its attacks within six hours. Israel would follow by ending its operations twelve hours later. Trump praised his team, including Vice President JD Vance, Secretary of State Marco Rubio, and envoy Steve Witkoff, for holding talks with Iran.

Israel quickly agreed to the plan. Prime Minister Benjamin Netanyahu said Israel had reached its goals by hitting Iran’s nuclear and missile programs. He thanked Trump for the deal but warned that Israel would respond strongly if Iran broke the ceasefire. Iran, on the other hand, denied that it had accepted any formal deal. Iranian Foreign Minister Abbas Araghchi said Iran would only stop attacking if Israel stopped first. Soon after the announcement, fighting broke out again. Iranian forces launched new missile attacks on Beersheba and other Israeli cities, killing four civilians. Israel hit back with airstrikes on Iranian military sites in Tehran. Israel’s Defense Minister approved a strong military response, calling Iran’s attacks a clear break of the ceasefire.

The ceasefire news quickly affected markets. Oil prices dropped by three to five percent, lowering worries about problems in the Strait of Hormuz. United States stock futures also rose as investors hoped for more stability in the region. Despite the agreement, experts say the ceasefire is weak. Both sides continue to blame each other for breaking the deal. Without a clear and shared agreement, there is still a high risk that the fighting will start again.