US Defense Secretary Pete Hegseth announced a decisive US victory, claiming Iran's missile program destroyed and a two‑week ceasefire achieved.
President Trump and VP JD Vance highlighted the ceasefire, Trump noted a 10‑point Iranian proposal and threatened 50% tariffs on weapons suppliers.
Brent crude fell below $100 per barrel as markets reacted; European equities and US futures rose on expectations of resumed oil flows.
UAE and Kuwait intercepted Iranian drone attacks, while Iranian state TV reported a refinery strike on Lavan Island, keeping regional tension high.