Trump's Iran Ceasefire: Markets Soar, Talks Continue

0:00On April 8, Donald Trump just dropped a bombshell on true social, announcing a two-week ceasefire with Iran halting all U.S. bombing right before. His deadline to reopen the Strait of Hormuz. After weeks of escalating threats that had everyone on edge, he called it a big day for world peace. Pakistan brokered the deal, with last-minute pressure from China, pushing Iran to bend on the economic fallout from the war. Tehran agreed, according to Iranian officials speaking to the New York Times. This lit up worldwide. Frankfurt jumped 5 percent at open. London's FTSE 100 climbed 2.55 percent. Japan's Nikkei closed, over 5 percent higher, and South Korea's Kaspi nearly 7 percent. Leaders chimed in too. France is a manual Macron called it a very good thing. Egypt praised the U.S. for giving diplomacy a shot. But not everyone's pop in champagne. The EU's foreign policy chief, Koja Callis warned. The root causes of the war are still there, stressing the need.

1:01For more talks and mediation, UAE claims they triumphed, intercepting thousands of Iranian drones and missiles. Even with Hormuz set to reopen, jet fuel supplies could take months to normalize, says the head of global airlines, due to wrecked refineries across. The Middle East. Eyes stay glued as this fragile pause plays out.