Trump Announces Israel-Iran Ceasefire After 12-Day War

President Donald Trump announced that Israel and Iran have agreed to a complete and total ceasefire, ending the 12-day conflict dubbed the '12 Day War.' The truce is set to begin in phases over 24 hours following a period of severe escalation, including U.S. airstrikes on Iranian nuclear sites and an Iranian missile attack on a U.S. base in Qatar that resulted in no casualties after a prior warning. U.S. officials, including Vice President JD Vance, hailed the outcome, asserting the Iranian nuclear program was 'obliterated,' though neither Israeli nor Iranian authorities immediately confirmed the ceasefire. Some media outlets later reported that Iran had confirmed the agreement. Israel's ambassador to the U.S. stated the ceasefire could remove the nuclear threat and be historic for both nations. Financial markets responded positively, viewing the ceasefire as a reduction in regional risk.