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    Home»Business»Iran, Israel, and the U.S. strike a ‘fragile’ 2-week ceasefire. Here’s what to know
    Business 7 Mins Read

    Iran, Israel, and the U.S. strike a ‘fragile’ 2-week ceasefire. Here’s what to know

    Business 7 Mins Read
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    Iran, the United States and Israel agreed to a two-week ceasefire, an 11th-hour deal that allowed U.S. President Donald Trump to pull back from his threat to unleash a bombing campaign that would destroy Iranian civilization. Hours after the announcement, Iran and Gulf Arab countries reported new attacks Wednesday.
    It was not clear if the sporadic attacks would be enough to scuttle the deal, which U.S. Vice President JD Vance called “fragile.”
    Even before the new strikes were reported, much about the deal was unclear as the sides presented vastly different visions of the terms.
    — Iran said the deal would allow it to formalize its new practice of charging ships passing through the Strait of Hormuz, but the terms were not clear, nor was whether ships would feel safe using the crucial transit lane for oil. It also was unclear whether any other country agreed to this condition.
    — Pakistan, which helped to mediate the deal, and others said fighting would pause in Lebanon, where Israel has launched a ground invasion against the Iran-backed Hezbollah militant group. Israel said it would not, and strikes hit Beirut on Wednesday.
    — The fate of Iran’s missile and nuclear programs — the elimination of which were major objectives for the U.S. and Israel in going to war — also remained unclear. Trump said the U.S. would work with Iran to remove buried enriched uranium, though Iran did not confirm that.
    In the streets of Tehran, pro-government demonstrators screamed: “Death to America, death to Israel, death to compromisers!” after the ceasefire announcement and burned American and Israeli flags.
    The chants underscored the anger animating hard-liners, who have been preparing for what many assumed would be an apocalyptic battle with the United States. Trump warned Tuesday that “a whole civilization will die tonight,” if a deal wasn’t reached.

    Varying reports of ceasefire’s terms

    Trump initially said Iran proposed a “workable” 10-point plan that could help end the war the U.S. launched with Israel on Feb. 28. But when a version in Farsi emerged that indicated Iran would be allowed to continue enriching uranium — which is key to building a nuclear weapon — Trump called it fraudulent without elaborating.
    Trump also suggested American warships would be “hangin’ around” the Strait of Hormuz, through which 20% of all traded oil and natural gas passes in peacetime. That could be a potential flashpoint in days to come.
    Iran’s demands for ending the war, meanwhile, include a withdrawal of U.S. combat forces from the region, the lifting of sanctions, and the release of its frozen assets.
    In his post Wednesday, Trump said: “We are, and will be, talking Tariff and Sanctions relief with Iran.”
    It’s not clear if other Western nations would agree to that – and the other points are likely nonstarters.
    Pakistan said that talks to hammer out a permanent end to the war could begin in Islamabad as soon as Friday.
    Israel backed the U.S. ceasefire with Iran, but Prime Minister Benjamin Netanyahu said early Wednesday that the deal doesn’t cover fighting against Hezbollah. Israel’s military said later that fighting and ground operations continue.
    Hezbollah has not confirmed if it will abide by the ceasefire, though the group has said it was open to giving mediators a chance to secure an agreement. An official, speaking on condition of anonymity because he was not authorized to comment publicly, said the group would not stop firing at Israel unless Israel agreed to do the same.

    Iran and Oman will collect shipping fees in Strait of Hormuz

    While Iran could not match the sophistication of U.S. and Israeli weaponry or their dominance in the air, its ability to control the Strait of Hormuz since the war began proved a tremendous strategic advantage: The chokehold roiled the world economy and raised the pressure on Trump both at home and abroad to find a way out of the standoff.
    The ceasefire may formalize that control — and give Iran a new source of revenue.
    The plan allows for both Iran and Oman to charge fees on ships transiting through the strait, according to a regional official who spoke on condition of anonymity to discuss negotiations they were directly involved in. The official said Iran would use the money it raised for reconstruction.
    That would upend decades of precedent treating the strait as an international waterway that was free to transit and will likely not be acceptable to the Gulf Arab states, which also need to rebuild after repeated Iranian attacks targeting their oil fields.
    Iranian Foreign Minister Abbas Araghchi said passage through the strait would be allowed under Iranian military management — further clouding the picture of who would be allowed to transit the waterway.
    Nevertheless, news of the ceasefire drove oil prices down and pushed stocks up Wednesday.

    Fate of Iran’s nuclear and missile programs remains unclear

    U.S.-Israeli strikes have battered Iran and its leadership, but they have not entirely eliminated the threats posed by Tehran’s nuclear program, its ballistic missiles or its support for regional proxies, like Hezbollah. The U.S. and Israel said addressing those threats was a key justification for going to war.
    Trump said Wednesday that the U.S. would work with Iran to “dig up and remove” enriched uranium that was buried under joint U.S-Israeli strikes in June. He added that none of the material had been touched since. Any retrieval is expected to be an intensive undertaking.
    There was no confirmation from Iran on that.
    Tehran insisted for years that its nuclear program was peaceful, although it enriched uranium up to 60% purity, a short, technical step from weapons-grade levels.
    Iran referred to its nuclear program differently in two versions of the ceasefire plan that it released. The version in Farsi included the phrase “acceptance of enrichment” for its nuclear program. That phrase was missing in English versions shared by Iranian diplomats with journalists.
    A senior Israeli official said the United States had coordinated the ceasefire with Israel in advance and said Israel’s government credited “the massive crushing of the regime’s infrastructure” with securing the agreement.
    Speaking on condition of anonymity because they were discussing private diplomatic conversations, the official said Washington had committed to pressing for the removal of nuclear material and dismantling of Iran’s ballistic missile program.

    Airstrikes reported in the hours after the deal is announced

    Shortly after the ceasefire announcement, Bahrain, Israel, Kuwait, Saudi Arabia and the United Arab Emirates all issued warnings about incoming missiles from Iran. That fire stopped for a time, then hostilities appeared to restart.
    An oil refinery on Iran’s Lavan Island came under attack, according to Iranian state television. Its report said that firefighters were working to contain the blaze but no one had been hurt. It did not say who launched the attack.
    The island is home to one of the terminals that Iran uses to export oil and gas.
    The U.S. military’s Central Command did not respond to questions about the strike.
    A short time later, the United Arab Emirates’ air defenses fired at an incoming Iranian missile barrage. Kuwait’s military forces, meanwhile, responded to an “extensive wave” of drone attacks.
    More than 1,900 people had been killed in Iran as of late March, but the government has not updated the war’s toll for days.
    In Lebanon, where Israel is fighting Iran-backed Hezbollah militants, more than 1,500 people have been killed. and 1 million people have been displaced. Eleven Israeli soldiers have died.
    In Gulf Arab states and the occupied West Bank, more than two dozen people have died, while 23 have been reported dead in Israel, and 13 U.S. service members have been killed.


    Associated Press writers Edie Lederer, Natalie Melzer, Abby Sewell, and Aamer Madhani contributed to this report.

    —Bassem Mroue, Jon Gambrell, Samy Magdy and Sam Metz, Associated Press



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