Iranians at Enghelab Square in Tehran, Iran wave flags following the announcement of a two-week ceasefire. But statements from both sides point towards a strategic defeat for the US that could transform Iran’s geopolitical position and its role in the Gulf. No final agreement will include all of Iran’s 10 proposals but the fact that Trump accepts them as the basis for negotiation is astonishing. But Iran’s foreign minister, Abbas Araghchi, made clear his country’s forces will still regulate shipping through the strait. But over the past few weeks, Tehran has not closed the strait or blocked shipping, instead allowing some ships to pass while others were restricted.

Source: The Irish Times April 08, 2026 05:43 UTC