US-Iran Ceasefire Deal Reached Amid Strait of Hormuz Tensions
The United States and Iran have reportedly accepted a ceasefire proposal brokered by Pakistan, but tensions remain high as Iran has not agreed to reopen the Strait of Hormuz.
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Events
US President Trump announced a press conference.
Iran and the US reportedly accepted a ceasefire proposal from Pakistan.
The proposal includes an immediate ceasefire and a comprehensive agreement within 15-20 days.
Iran stated it would not reopen the Strait of Hormuz until a permanent ceasefire is guaranteed.
Reports confirmed the death of Iran's IRGC intelligence chief and other officials.
Rising oil prices are causing economic hardship globally.
Wat Suan Kaew temple in Thailand suspended aid services due to increased costs.
Increased use of trains in Thailand due to high fuel prices.
Tuk-tuk drivers and transport providers face rising operational costs.
Authorities are cracking down on fuel smuggling to Laos.
Seizures of smuggled diesel and gasoline were reported at the Thai-Laos border.