Trump has extended the truce with Iran

US President Donald Trump has extended the ceasefire with Iran that was set to expire on the evening of Wednesday, April 22. Trump attributed his decision to the fact that the government in Tehran is "seriously divided," he wrote on the Truth Social network. The president did not outline a new deadline.

"We have been asked to refrain from attacking Iran until its leaders and representatives can come up with a unified proposal [to resolve the conflict]," Trump's post reads. - "Therefore, I have instructed our armed forces to continue the blockade and in all other respects remain fully ready and combat-ready, and to extend the ceasefire until a proposal is presented and negotiations are concluded - one way or the other.

After the statement, the price of Brent crude, which had jumped to $100 a barrel due to reports of the breakdown in peace talks, fell back below that mark to trade at $99.5. The daily rise, however, amounted to about 4.5%.

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