News Brief
Ceasefire Halts Iran-Israel War, But "Danger Persists": Here's All About Evolving Situation In Middle East
Flags of Israel and Iran (Representative Image)
Israel and Iran have accepted a ceasefire agreement proposed by US President Donald Trump, bringing a halt to 12 days of escalating conflict that had threatened to spiral into a broader regional war, the Hindu reported.
The truce follows Iran’s limited missile retaliation on a US military base in Qatar after US strikes on Iranian nuclear facilities.
Despite the ceasefire, the Israeli military warned of ongoing threats. “Danger persists,” the Israel Defense Forces said shortly after the announcement, suggesting that the situation remains volatile.
Hours after the ceasefire took effect, Israeli Defence Minister Israel Katz accused Iran of violating the agreement. “Iran had completely violated the ceasefire,” Katz said, revealing that missiles had been launched into Israeli airspace less than three hours after the truce began. He said he had instructed the military to “respond forcefully.”
The ceasefire has initiated a wave of international reactions. Saudi Arabia welcomed the announcement, with Riyadh saying it “welcomes the announcement by (Trump)... that a formula for a ceasefire agreement was reached between the two parties.”
Meanwhile, oil prices dropped sharply, easing fears of a global energy shock. Brent crude fell 5.2 percent to $67.75 per barrel, while WTI dropped 5.4 percent to $65.01. “A potential end to the conflict has been welcomed by market participants,” noted MUFG analyst Lee Hardman.
In Qatar, the Iranian ambassador was summoned following the missile attack on the US base, which Doha condemned as a “violation.”
Iraq, meanwhile, reopened its airspace, and Israel’s Airports Authority said flight operations were expected to normalise gradually.
