JOURNAL ARTICLE
US and Iran Agree to Ceasefire, Easing Energy-Crisis Fears.
Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Sullivan, Kate; Sykes, Patrick; Strumpf, Dan 3 of 3
Abstract
The article focuses on a two-week ceasefire agreement between the US and Iran, under which Tehran pledged to reopen the Strait of Hormuz, a critical waterway for global oil and gas supplies. The ceasefire, announced by then-President Donald Trump following mediation by Pakistan, aims to ease hostilities and pave the way for negotiations on sanctions relief and nuclear activities, though significant differences remain between the parties. Despite the truce, missile and drone attacks continued in the region, and the Strait of Hormuz remained largely blocked as shipowners awaited confirmation of safe passage. Both sides portrayed the ceasefire as a victory, while regional tensions and military actions, particularly involving Israel and Iran-aligned groups, persisted. [Extracted from the article]
Additional Information
- Source:Bloomberg.com. 2026/04, pN.PAG
- Document Type:Article
- Subject Area:Military History and Science
- Publication Date:2026
- Accession Number:192846193
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