In a significant geopolitical development, former US President Donald Trump announced an extension of the ceasefire with Iran. The announcement came following a diplomatic request from Pakistan's leadership, which sought additional time for Iranian officials to formulate a unified proposal.
According to the statement, Pakistan's Chief of Army Staff Asim Munir and Prime Minister Shehbaz Sharif intervened, requesting a pause to allow Iranian officials to prepare a joint proposal. In response, Trump stated he had instructed the American military to suspend preparations for a planned attack during this diplomatic window. However, he emphasized that the naval blockade against Iran would remain in effect and that US military forces would stay "ready at all times."
The ceasefire has been formally extended until the Iranian side presents its proposal and subsequent negotiations are concluded. Trump commented on internal divisions within the Iranian government, noting the situation was "not unexpected." The announcement underscores ongoing high-stakes diplomacy in the region, with the potential to influence global market sentiment, including commodities and risk assets like cryptocurrencies.
