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Iran, the United States, and Israel have reached a deal for a two-week ceasefire. Tehran says it will negotiate with the U.S. in Islamabad starting Friday. Trump initially said Iran proposed
N.Y., plans to force another war powers vote to rein in President Donald Trump's use of the military in Iran amid a fragile ceasefire.
U.S.-Iran negotiations are set to take place on Saturday in Pakistan.
Stocks roared higher after President Trump announced a two-week ceasefire with Iran. Oil prices fell sharply and gas prices are expected to follow.
Even as the status of the Strait of Hormuz remained unclear and U.S. and Iranian officials issued dueling threats to resume attacks if the cease-fire fell apart, both countries had reason to hope it held together.
Oil markets rose after Iran accused the United States of violating elements of a two-week ceasefire agreement.
After careening from one diplomatic extreme to another, President Trump finds himself with a fragile deal that is already showing signs of fraying.