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Iranian Foreign Minister Abbas Araghchi confirmed safe passage for two weeks for ships through the Strait of Hormuz.

08/04/2026

Israel backs US-Iran temporary ceasefire

Israel insists that the two-week ceasefire agreement between US and Iran "does not include Lebanon".

08/04/2026

Crude prices plunge, stocks surge as US and Iran agree ceasefire

The ceasefire also led to a sharp drop in the dollar, which had become the safe haven while the war raged, with the yen, euro and pound all strengthening.

08/04/2026
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