President Donald Trump extended the US-Iran ceasefire on 22 April 2026 without specifying an end date, keeping the US naval blockade of Iranian ports in place as Tehran's top negotiator warned the country had readied "new cards on the battlefield."
The announcement came on Truth Social shortly before the two-week truce — agreed on 8 April following a US-led airstrike campaign against Iranian nuclear and missile facilities — was set to expire at midnight Eastern time. Brent crude fell from $95.36 to $91.40 within minutes of the post, according to Bloomberg data from 22 April, though Lloyd's of London war-risk premiums for vessels transiting the Gulf of Oman remain eight times their pre-conflict baseline, a signal that shipping markets are not treating the extension as a resolution. A source familiar with US deliberations told CNN that Trump intends to give Iran a limited, unspecified window — not an open-ended pause — and that airstrike packages remain on standby.
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