TRUMP ANNOUNCES TWO-WEEK CEASEFIRE — BUT IRAN FIRES NEW SALVO OF MISSILES AT ISRAEL

Oil prices fell immediately upon the announcement

All Israel News | Published: April 7, 2026

It’s just after 2 a.m. here, and I’m writing this dispatch from inside our bomb shelter.

My wife and I can feel our apartment shaking from the booms of missile interceptions happening overhead.

Please keep praying for the peace of Jerusalem.

That said, with barely one hour to go before his deadline to bomb Iran “back to the Stone Ages” unless they accepted a deal, President Donald J. Trump announced a two-week ceasefire in which the U.S., Israel, and Iran agree to stop attacking each other for 14 days.

Just minutes after Trump made the announcement, Iran launched a new salvo of missiles at Israel.

It remains to be seen whether the barrages will continue through the night or if the ceasefire will truly begin shortly.

Credit: President Trump’s Truth Social account

Here is the President’s statement:

“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,” Trump wrote.

“This will be a double-sided CEASEFIRE!” he added.

“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,” the President concluded.

Oil prices fell by nearly 20% immediately upon the announcement.

“I have all the confidence in the world that @POTUS understands who he’s talking to in Iran and earnestly seeks a diplomatic solution,” Senator Lindsey Graham (R-SC) posted on X shortly after the announcement.

“But it has to be the right deal. President Trump — better than anyone I know — understands how to deal with the toughest of people.”

This is a developing story…