On 07 April, just before the 8 pm ET deadline, President Trump announced on Truth Social a two-week ceasefire with Iran, subject to the "complete, immediate, and safe opening of the Strait of Hormuz." Iran agreed to the initial terms and stated that safe passage would be allowed through the Strait during the two-week ceasefire in coordination with Iranian armed forces. Iran is seeking to collect $2 million per vessel transiting the Strait of Hormuz. Annual revenue from such fees could be more than double Iran's revenue from oil and gas exports. The two-week ceasefire will allow the U.S. and Iran to fully negotiate terms of a lasting deal which could prove mutually beneficial, as President Trump told ABC News' Jonathan Karl this morning that "We’re thinking of doing it as a joint venture. It’s a way of securing it—also securing it from lots of other people.”
President Trump noted that the ten-point plan proposed by Iran "is a workable basis on which to negotiate." Iran's Tasnim state media claims the U.S. agreed to the following conditions as a basis for negotiations. However, it is unlikely that many of these points are agreed upon:
1. The U.S. should commit in principle to guarantee non-aggression.
2. Iran's continued control of the Strait of Hormuz.
3. Accepting enrichment.
4. Lifting all primary sanctions.
5. Lifting all secondary sanctions.
6. Termination of all Security Council resolutions.
7. Termination of all Board of Governors resolutions.
8. Payment of damages to Iran.
9. Withdrawal of U.S. combat forces from the region.
10. Cessation of war on all fronts, including against Lebanese Hezbollah.
A follow-up Truth Social post this morning shed additional light on a potential agreement, with President Trump saying, "The United States will work closely with Iran, which we have determined has gone through what will be a very productive Regime Change! There will be no enrichment of Uranium, and the United States will, working with Iran, dig up and remove all of the deeply buried (B-2 Bombers) Nuclear “Dust.” While at odds with Iran's ten-point plan, collaboration with Iran to remove the buried highly enriched Uranium and Iran's agreement to forgo future enrichment would be a significant development in meeting one of the U.S. and Israel's primary goals to never allow a nuclear-armed Iran.
Despite the ceasefire announcement, multiple drone and missile attacks were recorded targeting Kuwait and the United Arab Emirates (UAE) over the past several hours. These were likely retaliation for attacks on an Iranian refinery on Lavan Island and an unspecified target on Sirri Island earlier on 08 April, though Iran did not specifically blame them, instead saying there was an "attack by enemies." It remains unclear who carried out the strikes on those two Iranian islands.
The Iranian-backed Islamic Resistance in Iraq agreed to abide by the two-week ceasefire, and both Iraq and Syria have reopened airspace as of today. While Israel has agreed to stop attacking Iran, it continues to strike at Hezbollah targets in Lebanon.
Situation Report
- 08 April: During an 8 am ET press conference, U.S. Defense Secretary Hegseth says war with Iran "was a historic and overwhelming victory" and claims Iranian missile program was "functionally destroyed." Chairman of the Joint Chiefs of Staff Caine said that U.S. military objectives in Iran have been met.
- 08 April: President Trump says any countries found to be supplying Iran with weaponry will be tariffed 50 percent effective immediately.
- 08 April: Iran's IRGC says it is adhering to ceasefire terms, with its "hands on the trigger" and ready to respond to "every aggression with a higher level."
- 08 April: MarineTraffic data shows resumption of vessel movement in the Strait of Hormuz. Thousands of vessels remain backed up on either side of the Strait. Iran and Oman will reportedly charge transit fees to ships.
- 08 April: In a call with Sky News, President Trump said the ceasefire “is good,” but that the U.S. could go “right back” to waging war if talks break down.
Airspace Status
- Bahrain: airspace closed
- Iran: airspace closed
- Kuwait: airspace closed
- Qatar: airspace partially closed/heavily restricted
- Israel: airspace heavily restricted
- Lebanon: airspace restricted
- UAE: airspace restricted
- Cyprus: airspace open
- Egypt: airspace open
- Iraq: airspace open
- Jordan: airspace open
- Oman: airspace open
- Saudi Arabia: airspace open
- Syria: airspace open
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