Trump issues ultimatum to Iran as two week ceasefire begins under threat of painful consequences

Apr 9, 2026, 5:24:11 PM UTC(5 hours ago)
Impact: Medium
Trump issues ultimatum to Iran as two week ceasefire begins under threat of painful consequences

Affected Assets

  • President Trump set a strict deadline for Iran to reopen the Strait of Hormuz or face devastating military action that he described as wiping out a whole civilization
  • Global oil prices plummeted below 95 dollars per barrel and stock markets surged following the announcement of a last minute two week ceasefire agreement
  • The deal was mediated by Pakistan and reached just 90 minutes before a Tuesday night deadline that would have triggered widespread U.S. attacks
  • Iran has presented a 10 point proposal as a basis for long term peace negotiations while claiming the ceasefire represents a defeat for the United States
  • Vice President JD Vance is scheduled to lead a U.S. delegation to Islamabad for high level meetings with Iranian officials to discuss permanent peace terms

Sources

TRUMP SAYS IF IRAN DOESN’T MAKE A DEAL, IT WILL BE PAINFUL
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