Trump announced a ceasefire and the end of the war between Israel and Iran

Israel and Iran have agreed on a ceasefire and then an end to the "twelve-day war," Donald Trump has said. According to him, the countries will "finish the ongoing missions", after which Iran will be the first to cease fire, then Israel will join in. This will end a war that could "destroy the entire Middle East," Trump added. U.S. stock futures rose after Trump's statement.

"Congratulations everyone!!! Fully agreed between Israel and Iran that there will be a complete and total ceasefire (in about 6 hours from now (Trump published his post around 0:02 CET on June 24. - Oninvest), when Israel and Iran will wind down and complete their current, last missions) - for 12 hours, after which the war will be considered over!","  wrote Trump on Truth Social.

According to Trump, Iran will be the first to cease fire, Israel will cease fire 12 hours after that. For the next 12 hours, both sides will refrain from attacks. Thus, in 24 hours, "the world will welcome the official end of the twelve-day war," the US president said. Both sides will remain "peaceful and respectful" during the ceasefire, he added.

"On the assumption that everything will work out as it should, I want to congratulate both countries, Israel and Iran, for having the stamina, courage and intelligence to end what should be called the "twelve day war." This war could have lasted years and could have destroyed the entire Middle East, but it didn't happen and it never will! God bless Israel, God bless Iran, God bless the Middle East, God bless the U.S. and, God bless the world!", Trump wrote.

There was no confirmation of the cease-fire agreement from Israeli and Iranian representatives immediately after Trump's statements, noted CNBC.

Trump's message came after the close of major trading in the United States. US stock futures accelerated growth thanks to the president's message, Yahoo Finance reports: futures on the Dow Jones Industrial Average and S&P 500 indexes jumped by 0.4%, and on the technology Nasdaq 100 - by 0.6%. The indices ended the main session on June 23 with a rise of about 1%.

Trading in Brent crude futures on the Intercontinental Exchange in London closed June 23 down 8% to $70.65 per barrel. Trump published his post already after the end of trading in the commodity.

Investors were nervous ahead of Monday after a U.S. attack on nuclear facilities over the weekend - anticipating an Iranian response that could include blocking the Strait of Hormuz, through which a quarter of the world's oil supply passes. However, June 23 turned out to be a good day for Wall Street, with stocks rising and oil sharply cheaper thanks to a consensus view that Iran's retaliatory attack on a U.S. military base in Qatar looked like a desire for de-escalation, Yahoo Finance added.

Trump called Iran's response "very weak" and expressed hope that Tehran was "venting its emotions" with this attack. The US president also said that the Iranian authorities had warned the American authorities in advance of the intention to strike with missiles, and this allowed "avoiding the loss of lives": according to Trump, none of the Americans and residents of Qatar were killed or injured as a result of the Iranian strikes.

This article was AI-translated and verified by a human editor