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The ceasefire between the United States and Iran appears to be holding this morning
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but there are still signs of instability across the region. President Trump announced a two-week ceasefire late Tuesday
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saying he agreed to suspend strikes after talks involving Pakistan and after Iran signaled it would allow shipping through the Strait of Hormuz
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He later posted that Iran can now begin reconstruction. Iran's foreign minister said the country would halt its defensive operations
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and that its military will coordinate safe passage through the strait during the ceasefire
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On Iranian state TV, the government announced the ceasefire. In Tehran, some celebrated, but others took to the streets in protest, opposing any deal with the U.S
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In recent days, Iranians formed human chains around key power plants and bridges after Trump threatened to target them
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Markets reacted quickly to the ceasefire. Oil prices dropped sharply and stock futures jumped on hopes the Strait of Hormuz will reopen to full traffic
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Trump saying the U.S. will be helping with the traffic buildup. But questions remain about how that will work, with Iran saying its military will help manage passage through the strait
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And the ceasefire does not cover everything. Israel continues strikes in Lebanon where fighting with Hezbollah is still underway. way
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Looking ahead, Pakistan's Prime Minister has invited US and Iranian officials to Islamabad
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for talks on Friday, aimed at reaching a longer-term deal