US and Iran both claim victory after agreeing to two-week ceasefire
With barely an hour to spare before President Donald Trump's deadline to unleash a devastating assault on Iran, Washington and Tehran agreed overnight to a two-week ceasefire, prompting a wave of global relief tempered by deep uncertainty.
Iran has also agreed to temporarily reopen the Strait of Hormuz, a vital artery for global shipments of oil, gas and fertiliser, easing immediate fears for an already battered world economy.
Even so, international leaders warned the breakthrough remained fragile. UN chief Antonio Guterres…