News · 18 April 2026

Trump Might Not Extend Iran Ceasefire Next Week

Oil prices dropped 10 per cent on Friday as Iran declared the Strait of Hormuz fully open. President Trump announced on Friday he is considering not extending the ceasefire with Iran, which is due to expire next week. He warned that the US might 'start dropping bombs again' if it isn't extended.

By BriefTea Editorial · 18 April 2026 at 7:05

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