Stock markets surge following Iran ceasefire announcement, with world leaders welcoming 'very good' news: Live updates
US secretary of defence Pete Hegseth claimed today that Iran begged for Donald Trump's 11th-hour ceasefire. Last night, just a few hours before Trump's deadline for Iran to agree to reopen the Strait of Hormuz, the US president said via Truth Social that he had agreed to 'suspend the bombing and attack of Iran for a period of two weeks,' after earlier sparking doomsday fears when he threatened to wipe out its 'entire civilisation'.In a later post, the US President hailed 'a big day for world peace' after agreeing to pause the attacks. At a Pentagon press briefing, Hegseth said Trump achieved 'victory with a capital V.' Global markets and world leaders have reacted positively to last night's news of the ceasefire. In Europe, Frankfurt surged a massive 5% at the opening of the market. Meanwhile, the FTSE 100 rose 2.55% in the minutes after it opened. Over in Asia, Japan's Nikkei index closed up more than 5% and South Korea's Kospi nearly 7% on Wednesday. Meanwhile, France's Emmanuel Macron this morning said the deal was a 'very good thing'. But Trump ominously told Sky News' Trump100 podcast hours after the ceasefire was announced: 'If the [ceasefire] isn't good, we'll go right back to [war].'
Breaking:Hegseth: Iran begged for a ceasefireIsrael says it struck over 100 Hezbollah sites in ten minutesIran’s Lavan oil refinery hit after US ceasefire announcementTrump threatens 50 per cent tariffs on goods from countries supplying weapons to IranIDF says it launched the largest wave of strikes across Lebanon since the current conflict beganBreaking:Trump says US will work with Iran to ‘dig up’ enriched uranium
Iran Guards say they have 'no trust' in US, with 'finger on trigger'UK Foreign Secretary describes ceasefire as 'a vital step' towards security in Middle EastIsrael claims Hamas member killed in GazaGerman government dampens hopes of lower fuel pricesREAD MORE: As ceasefire agreed, Brits are flocking to Cyprus and Turkey for holidays again
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Pete Hegseth claims 'Iran begged for this ceasefire' and says Trump has 'achieved victory with a capital V': Live updates
