Trump hails ‘complete victory’ in Iran ceasefire deal as oil prices tumble

• President Donald Trump has claimed a "total and complete victory" following a two-week ceasefire deal with Iran to reopen the Strait of Hormuz.
• The agreement led to oil prices falling below $100, with Trump hailing it as a "big day for world peace" on Truth Social.
• Before the deal, Trump had threatened to destroy Iran's infrastructure and warned that “a whole civilization will die tonight” if his deadline was not met.
• Iran's foreign minister, Abbas Araghchi, confirmed the ceasefire, stating that their armed forces would cease defensive operations if attacks against Iran stopped.
• Israel accepted the ceasefire and supported Trump's decision to suspend strikes against Iran, but said that the agreement does not extend to Lebanon.