Ceasefire Sparks Hope: Iran and Israel Await Lasting Peace

The fragile ceasefire between long-time adversaries Iran and Israel aims to bring an end to the intense 12-day conflict, as U.S. President Donald Trump's involvement creates hope for stability. Iranian President Masoud Pezeshkian declared a "great victory" for his nation, signaling Iran is ready for negotiations, while Israel prepared to shift focus towards conflict with Hamas in Gaza.

Despite this newly brokered peace, allegations of ceasefire violations have been exchanged. International markets responded with optimism, displaying positive movements following the truce announcement, indicating confidence in the restoration of crucial oil supply security from the Gulf region.

As global dynamics adjust to this precarious peace, leaders will navigate the uncertain road ahead. The question looms whether the recent ceasefire will endure, with both countries poised on a delicate balance between ongoing tensions and potential political reconciliation.

(With inputs from agencies.)