• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there

1

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

2

'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

3

Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
PoliticsIran

Trump’s journey from ‘annihilation’ to ‘PEACE’ in one day rested on realization of a long-term battle to control Strait of Hormuz

By
Aamer Madhani
Aamer Madhani
,
Will Weissert
Will Weissert
,
Josh Boak
Josh Boak
,
Farnoush Amiri
Farnoush Amiri
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Aamer Madhani
Aamer Madhani
,
Will Weissert
Will Weissert
,
Josh Boak
Josh Boak
,
Farnoush Amiri
Farnoush Amiri
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 9, 2026, 8:20 AM ET
trump
A zoom lens and slow shutter speed technique shows President Donald Trump speaking with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington.AP Photo/Alex Brandon

President Donald Trump, over the course of a single day, went from threatening Iran with “annihilation” to proclaiming that the battered Islamic Republic’s leadership had presented a “workable” plan that led him to agree to a 14-day ceasefire that he hopes will pave the way to end the nearly six-week war.

Recommended Video

The dramatic shift in tenor came as intermediaries led by Pakistan worked feverishly to head off a further escalation. Even China, Iran’s biggest trading partner and America’s most significant economic competitor, quietly pulled strings to find a path toward a ceasefire, according to two officials briefed on the matter who were not authorized to comment publicly and spoke on the condition of anonymity.

“The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East,” Trump said in a social media post Tuesday announcing the temporary ceasefire. It came about 90 minutes before his deadline for Tehran to open the critical Strait of Hormuz or see its power plants and other critical infrastructure obliterated.

But even as the White House was celebrating the moment as a victory, the fragile ceasefire appeared in danger of falling apart as the U.S., Iran and Israel offered differing statements on Wednesday on what was included in the deal less than 24 hours after it was brokered.

Iran insisted that an end to the Israeli war in Lebanon was part of the ceasefire agreement with the U.S. But Israeli Prime Minister Benjamin Netanyahu and Trump said the truce did not cover Lebanon and the Israeli operations there continued.

The U.S., meanwhile, demanded that Iran make good on reopening the strait after the Islamic Republic closed the waterway in response to Israel’s intensifying attacks against the Hezbollah militant group in Lebanon.

Vice President JD Vance, who is set to lead a U.S. delegation to Pakistan later this week for mediated talks with Iran aimed at finding a permanent agreement to end the conflict, downplayed the setbacks, saying “no ceasefire ever goes without a little bit of choppiness.”

“We’re seeing evidence that things are going in the right direction, but it’s going to take a little time,” Vance told reporters as he wrapped up a visit to Hungary.

Trump to hold talks with NATO secretary-general

The president also met at the White House with NATO Secretary-General Mark Rutte on Wednesday. Trump has been angry that NATO member countries ignored his call to help reopen the vital waterway as gas prices soared during the war.

As the Trump deadline for Iran to open the strait neared, Democratic lawmakers decried Trump’s threat to wipe away an entire civilization as “a moral failure.” Pope Leo XIV warned that strikes against civilian infrastructure would violate international law and said the Republican president’s comments were “truly unacceptable.”

In the end, Trump may have backed down because of a simple truth: Escalation could risk involving the United States in the sort of “forever war” that had bedeviled his predecessors in the White House and that he had vowed he would keep the U.S. out of if voters elected him again.

Controlling the strait would have been long and costly

As Trump boasted about U.S. and Israeli military success over the past six weeks, he appeared to be working from the premise that he could bomb Iran into capitulation.

Starting with the killing of Ayatollah Ali Khamenei in the opening salvos, he seemed to discount that the Iranian leadership could opt for a long and bloody war.

The Islamic Republic over the past 47 years has shown it is willing to dig in, even when it appears to America to be working against its own self-interest.

The clerical leadership held Americans hostage for 444 days, from late 1979 to early 1981, at the cost of the country’s international standing. The mullahs allowed the Iran-Iraq war to go on for years, leaving hundreds of thousands dead. Iran stood by Hamas after the Oct. 7, 2023, attack that ultimately defanged the Iran-backed group in Gaza as well as Hezbollah in Lebanon, and created the conditions that led to the collapse of Bashar Assad’s government in Syria, an authoritarian rule supported by Tehran.

Iran’s leadership exuded confidence that it could bog down the world’s superpower in a costly and extended conflict even if it might not defeat the U.S. military.

Defense analysts largely agreed that the U.S. military could quickly take control of the narrow Persian Gulf waterway between Iran and Oman through which roughly 20% of the world’s oil flows on any given day. But maintaining security over the strait would require a high-risk, resource-intensive operation that could be a yearslong American commitment.

Ben Connable, executive director of the nonprofit Battle Research Group, said securing the strait would require the U.S. military to maintain control of about 600 kilometers (373 miles) of Iranian territory, from Kish Island in the west to Bandar Abbas in the east, in order to stop Iran from firing missiles at passing ships. It is a mission that Connable said would likely require three U.S. infantry divisions, roughly 30,000 to 45,000 troops.

“This would be an indefinite operation — so, you know, think: be ready to do this for 20 years,” said Connable, a retired Marine Corps intelligence officer. “We didn’t think we were going to be in Afghanistan for 20 years. We didn’t think we’re going to have to be in Vietnam as long as we were, or Iraq.”

The two-week ceasefire includes allowing both Iran and Oman to charge fees on ships transiting through Hormuz, a regional official said. The official said Iran would use the money it raised for reconstruction.

White House press secretary Karoline Leavitt on Wednesday noted that Trump has considered the idea of a toll for vessels passing through the strait. But in the near term, his priority “is the reopening of the strait without any limitations, whether in the form of tolls or otherwise.”

Vance played a bigger role close to the deadline

The White House confirmed that Vance will lead the U.S. negotiating team in talks with Iran aimed at finding a permanent end to war.

The delegation is also expected to include special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner. The talks are expected to begin Friday in Pakistan’s capital, Islamabad.

“Vice President Vance has played a very significant and a key role in this since the very beginning,” Leavitt said.

Trump’s deadline was nearing with no resolution in sight when Vance, who has long pushed for restraint in U.S. military intervention overseas, got roped into the conversation, according to an official from one of the mediating countries who was briefed on the matter and spoke on the condition of anonymity to share sensitive diplomatic discussions.

Vance expressed measured confidence that a permanent deal could reached if the Iranians act in good faith.

“I encourage the Iranians to come to the table seriously,” Vance said. “We’ve seen some signs that they’re going to do that, we’ve seen some signs of bravado. Fundamentally, we’re in a good spot.”

___

Amiri reported from New York. Associated Press writers Collin Binkley and Michelle L. Price in Washington, Justin Spike in Budapest and Samy Magdy in Cairo contributed to this report.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Aamer Madhani
See full bioRight Arrow Button Icon
By Will Weissert
See full bioRight Arrow Button Icon
By Josh Boak
See full bioRight Arrow Button Icon
By Farnoush Amiri
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

The curse of Trump watching sports in person: the home team seems to always lose
Arts & EntertainmentDonald Trump
The curse of Trump watching sports in person: the home team seems to always lose
By The Associated Press and Will WeissertJune 10, 2026
5 minutes ago
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
EconomyDonald Trump
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
By The Associated Press and Christopher RugaberJune 10, 2026
2 hours ago
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI buildout
Future of WorkMeta
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI buildout
By Jacqueline MunisJune 10, 2026
3 hours ago
platner
PoliticsElections
Graham Platner easily prevails over attempts to derail progressive Senate candidacy in Maine
By Patrick Whittle, Kimberlee Kruesi and The Associated PressJune 10, 2026
7 hours ago
swiss
EuropeImmigration
Switzerland to cast world’s first ever vote on whether to cap population
By Jamey Keaten and The Associated PressJune 10, 2026
7 hours ago
A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America’s beef supply
North AmericaUSDA
A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America’s beef supply
By Marco Quiroz-GutierrezJune 10, 2026
11 hours ago

Most Popular

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
2 days ago
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032
By Nick LichtenbergJune 9, 2026
1 day ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
2 days ago
Current price of oil as of June 9, 2026
Personal Finance
Current price of oil as of June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
Investing
Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
By Eva RoytburgJune 9, 2026
23 hours ago
Current price of silver as of Tuesday, June 9, 2026
Personal Finance
Current price of silver as of Tuesday, June 9, 2026
By Joseph HostetlerJune 9, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.