US, Iran, Israel Agree to 2-Week Ceasefire
Trump has withdrawn his threat to end Iranian civilization as they know it...
This article originally appeared on ZeroHedge and was republished with permission.
Guest post by Tyler Durden
Summary:
President Trump agrees to a two-week ceasefire with Iran, conditional on them “agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz”
Iran accepts Pakistan’s two-week ceasefire proposal, with the deal approved by the New Supreme Leader; Iran also says safe passage via Hormuz “Possible” for two weeks
Israel has reportedly agreed to suspend bombing while talks are ongoing.
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President Trump, Iran Agree To 2-Week Ceasefire
Building on the conversations leaked all day, it appears President Trump has withdrawn his threat to end Iranian civilization as they know it...
Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks.
This will be a double sided CEASEFIRE!
The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Long-term PEACE with Iran, and PEACE in the Middle East.
We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate.
Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two week period will allow the Agreement to be finalized and consummated.
On behalf of the United States of America, as President, and also representing the Countries of the Middle East, it is an Honor to have this Long-term problem close to resolution.
Thank you for your attention to this matter!
President DONALD J. TRUMP
Additionally, CNN reports that Israel has agree to suspend bombing while talks are ongoing.
And the most important variable, Iran, is also on the same page, and accepts Pakistan’s two-week ceasefire proposal with the deal approved by the New Supreme Leaders, according to Iran’s Foreign Minster, Aragchi.
More importantly, Iran has said that safe passage via Hormuz “possible” for two weeks.
Talks between the US and Iran will start on Friday, although Iran was quick to note that it will engage in talks with complete distrust.
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The reaction is as you would expect.
Oil plunged (WTI -16%)...
Stocks spiked (S&P Futs +2%)...
Gold ($4800) and Bitcoin ($72500) are soaring.
Treasury yields and the dollar are tumbling.
...well it wouldn’t be Tuesday without TACOs.
Last Ditch Peace Effort by Pakistan Prime Minister
With just hours until Trump’s self declared deadline wherein he said a “whole civilization will die tonight” - Pakistan’s leader and host of mediation efforts, Prime Minister Shehbaz Sharif, has tried to introduce a last minute olive branch, hoping that the US will avoid its decimation campaign:
I earnestly request President Trump to extend the deadline for two weeks. Pakistan, in all sincerity, requests the Iranian brothers to open Strait of Hormuz for a corresponding period of two weeks as a goodwill gesture. We also urge all warring parties to observe a ceasefire everywhere for two weeks to allow diplomacy to achieve conclusive termination of war, in the interest of long-term peace and stability in the region.
Will Trump latch on to this plea and last minute effort of good will? The sides are aware of the proposal:
TEHRAN IS POSITIVELY REVIEWING PAKISTAN’S REQUEST FOR A TWO-WEEK CEASEFIRE: SENIOR IRANIAN OFFICIAL
TRUMP IS AWARE OF PAKISTAN’S PROPOSAL: AXIOS CITING LEAVITT
In the meantime, some fresh statements via state Tasnim:
“If Trump wants to fall into a hole with his madness, we have prepared a black hole for him from which it will be impossible for him to get out”, Tasnim reports citing an Iranian military source
“Have prepared good surprises for Trump’s possible madness; One of them is the addition of Aramco oil facilities, Yanba oil facilities and the Fujairah pipeline to Iran’s goals, and in case of Trump’s crime, Iran will not hesitate to impose heavy costs on America and its partners.”
“Trump thinks that with these threats the strait will be opened and the price of oil will go down! He doesn’t know that if he carries out his threat, he will have to wait for the oil price of $200 in the coming days.”
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