Iran War Day 40: Ceasefire Reached, Strait of Hormuz Reopens, Pakistan Brokers US-Iran Deal, Markets Surge

The war has paused — but the risk isn’t gone.On Day 40 of the Iran War, a two-week ceasefire between the United States and Iran was agreed just hours before a major escalation deadline, with Pakistan playing a decisive role in brokering the deal.The Strait of Hormuz — one of the most critical energy routes in the world — is now set to reopen, triggering a sharp drop in oil prices and a surge in global markets.In this episode, we break down the final dramatic hours before the ceasefire, the competing narratives from Washington and Tehran, and what comes next as negotiations move to Islamabad.In this episode:How the ceasefire was agreed just before escalationPakistan’s key role in stopping the conflictWhy the Strait of Hormuz matters to the global economyOil price reaction and market impactUS vs Iran: competing claims of victoryRisks that could collapse the ceasefireWhat to expect from the upcoming Islamabad negotiationsAfter 40 days of war, thousands of casualties, and global economic disruption, this conflict has entered a critical pause — not a resolution.Shipping firms remain cautious, and full stability in the Strait of Hormuz is not yet guaranteed, highlighting how fragile this moment really is.Follow on Spotify and Apple Podcasts to stay ahead of every development as this story unfolds.