Fragile Israel-Iran ceasefire holds for now
Iranians chant slogans and wave national flags as they celebrate a ceasefire between Iran and Israel at Enghlab Square in the capital Tehran on Tuesday. A fragile ceasefire in the Iran-Israel war appeared to be holding after 12 days of strikes.
Image: AFP
Iran's President Masoud Pezeshkian said on Tuesday that his country was not seeking nuclear weapons but would continue to defend its "legitimate rights" in the peaceful use of nuclear energy.
As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told his counterpart from the United Arab Emirates (UAE) that the two countries "cannot impose unjust aspirations by force".
"We expect you to explain to them, in your dealings with the United States, that the Islamic Republic of Iran is only seeking to assert its legitimate rights," Pezeshkian said during a call with UAE President Mohammed bin Zayed.
"It has never sought to acquire nuclear weapons and does not seek them," he was quoted as saying by the official IRNA news agency, adding that Iran was "ready to resolve the issues... at the negotiating table".
On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz.
After US President Donald Trump, who had first declared the ceasefire, angrily berated both sides for violating it, Iran announced it would respect the truce if Israel did, while Israel said it had refrained from further strikes.
Israel, in announcing it had agreed to Trump's plan, said it had achieved all its military objectives.
Iran initially stopped short of officially accepting the proposal, but Pezeshkian later said that if "the Zionist regime does not violate the ceasefire, Iran will not violate it either".
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Israel had accused Iran of firing missiles at it after the truce was meant to have come into effect -- which Tehran denied -- vowing to respond.
Prime Minister Benjamin Netanyahu's office later said Israel had "destroyed a radar installation near Tehran" in retaliation, but had "refrained from further strikes" following a phone call between Trump and the premier.
On his way to attend a NATO summit in The Hague, Trump had publicly castigated both countries for violating the truce, and demanded Israel call off what he characterised as an imminent attack, later saying "the Ceasefire is in effect!"
Both Israel and Iran appeared to claim victory following the announcement of the truce.
The Israeli government said Netanyahu had convened his cabinet "to announce that Israel had achieved all the objectives of Operation Rising Lion and much more".
It added that it had removed "an immediate dual existential threat: nuclear and ballistic", while vowing to respond forcefully to any violations of the ceasefire.
Iran's top security body, meanwhile, said the Islamic republic's forces had "compelled" Israel to "unilaterally" stand down.
Its Revolutionary Guards also hailed a missile salvo fired at Israel "in the final moments before the ceasefire", saying it taught "a historic and unforgettable lesson to the Zionist enemy".

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Daily Maverick
an hour ago
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‘Did that really happen?' SA expats, missiles, shock and then surreal calm in Qatar
From WhatsApp alerts to school pickups, South Africans in Qatar recall a surreal night of missile strikes — and how quickly calm returned in a place they still consider safer than home. Debbie Derry was in her kitchen in Doha on Monday evening, carrying a plate of food, when the floor began to vibrate. 'Everything was shaking,' she said. 'And I remember thinking, I'm sure they're bombing us. Is this really happening?' A Gqeberha journalist now living in Qatar, Debbie has spent the past three-and-a-half years immersed in the rhythms of expat life in Qatar — Friday church services, late evening walks – when the heat drops below 38°C – and a rare sense of safety she says South Africans instantly recognise as a luxury. 'Because we come from South Africa, we appreciate the safety here so much,' she said. 'I walk alone at night. I've never felt uncomfortable. I catch transport at night. This country has always been one of the safest places in the world — it's even won awards for it.' But on Monday night, that sense of safety was shaken when Iran launched a volley of ballistic missiles at Al Udeid Air Base in Qatar — the largest American military installation in the Middle East — in retaliation for recent US strikes on Iranian nuclear facilities. Most missiles were intercepted by defence systems, but at least one is believed to have reached its target. No casualties or injuries were reported and airspace over Qatar was temporarily closed before reopening a few hours later. Derry said the first signs of concern came via embassy alerts on social media. 'The American Embassy posted something about sheltering at home. I wasn't sure what they meant at first,' she said. 'Then more posts started coming in — things like how much water you need per person in an emergency.' That evening, while her husband Mark was attending a church council meeting about 30 minutes away, Debbie went for a walk. It was 37°C — cooler by Qatar standards — and she needed fresh air. 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It wasn't safe to be outside, It felt like we're in the middle of a war games exercise, you know, with real munitions being used,' he said. The group was instructed by police to return home – a 30-minute drive for Mark, but they didn't leave immediately. 'We realised the roads might be busy with people going to and fro and we wanted to hear if there had been any direct hits because obviously they would block off roads and things, but by God's grace, none of that happened.' Mark said the drive home was pretty ordinary afterwards, something that was part of the 'surreal experience'. By Tuesday, life in Qatar was almost back to normal. 'I was out on the roads today and in the shopping centres today, and it seems like people have got on with what they were doing. There are a few shops that were closed and a few schools are closed today just as a precautionary measure, but other than that, it's pretty calm.' South Africans in Qatar say they've always felt safe, often more so than at home. 'I don't even lock my car or my front door,' said Vincent Mace, a Gqeberha native and IT specialist who has lived in Doha for nine years. 'I lock my front door when my dog wants to try and open the door,' he joked. 'In the morning, there were some posts going around from the American embassy about staying indoors,' he said. But it was his mom, an avid 'flighter', who tipped him off. 'She likes to go on to flight radar, and she said no flights had come into Qatar for two hours, so then I knew something was going on. She follows all the wars, all the time. So she's always got like the inside scoop for me at the beginning of everything,' Mace said. Mace had just sat down with coffee when the first blast hit. His seven-year-old daughter was playing outside on her bike. 'At first I thought it might be a truck passing,' he said. 'But when the next one came, and the next, I ran out the front door, shouted for her to come in and hit the voice note button on our WhatsApp group. 'Guys, missiles coming down. Missiles coming down. Everybody get inside,' he warned members of the South Africans in Qatar community chat. But, he said, being South Africans, most people didn't listen. 'I mean, South Africans, we never listened. We've got to go out and go see what's happening.' Mace helps run the Qatar Saffa Facebook and WhatsApp groups along with Johannesburg-born expat Brad Habana. 'Being South African and growing up in the latter part of apartheid, I've experienced the end part of it and have gone through things, but last night was completely different.' He described the surreal moment of seeing missiles intercepted in the sky as a first, while his three daughters, snuffled up with his wife in their villa, were beyond terrified at loud air explosions, he said. 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IOL News
6 hours ago
- IOL News
Fragile Israel-Iran ceasefire holds for now
Iranians chant slogans and wave national flags as they celebrate a ceasefire between Iran and Israel at Enghlab Square in the capital Tehran on Tuesday. A fragile ceasefire in the Iran-Israel war appeared to be holding after 12 days of strikes. Image: AFP Iran's President Masoud Pezeshkian said on Tuesday that his country was not seeking nuclear weapons but would continue to defend its "legitimate rights" in the peaceful use of nuclear energy. As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told his counterpart from the United Arab Emirates (UAE) that the two countries "cannot impose unjust aspirations by force". "We expect you to explain to them, in your dealings with the United States, that the Islamic Republic of Iran is only seeking to assert its legitimate rights," Pezeshkian said during a call with UAE President Mohammed bin Zayed. "It has never sought to acquire nuclear weapons and does not seek them," he was quoted as saying by the official IRNA news agency, adding that Iran was "ready to resolve the issues... at the negotiating table". On Sunday, Israel's ally the United States launched unprecedented strikes of its own on Iranian nuclear facilities at Fordo, Isfahan and Natanz. After US President Donald Trump, who had first declared the ceasefire, angrily berated both sides for violating it, Iran announced it would respect the truce if Israel did, while Israel said it had refrained from further strikes. Israel, in announcing it had agreed to Trump's plan, said it had achieved all its military objectives. Iran initially stopped short of officially accepting the proposal, but Pezeshkian later said that if "the Zionist regime does not violate the ceasefire, Iran will not violate it either". Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Israel had accused Iran of firing missiles at it after the truce was meant to have come into effect -- which Tehran denied -- vowing to respond. Prime Minister Benjamin Netanyahu's office later said Israel had "destroyed a radar installation near Tehran" in retaliation, but had "refrained from further strikes" following a phone call between Trump and the premier. On his way to attend a NATO summit in The Hague, Trump had publicly castigated both countries for violating the truce, and demanded Israel call off what he characterised as an imminent attack, later saying "the Ceasefire is in effect!" Both Israel and Iran appeared to claim victory following the announcement of the truce. The Israeli government said Netanyahu had convened his cabinet "to announce that Israel had achieved all the objectives of Operation Rising Lion and much more". It added that it had removed "an immediate dual existential threat: nuclear and ballistic", while vowing to respond forcefully to any violations of the ceasefire. Iran's top security body, meanwhile, said the Islamic republic's forces had "compelled" Israel to "unilaterally" stand down. Its Revolutionary Guards also hailed a missile salvo fired at Israel "in the final moments before the ceasefire", saying it taught "a historic and unforgettable lesson to the Zionist enemy".


Daily Maverick
6 hours ago
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How the Middle East war and Trump's Israel-Iran ‘ceasefire' caused crude oil chaos
In a world used to chaos at the pump whenever missiles fly in the Middle East, the current conflict offered a plot twist worthy of a geopolitical thriller: war broke out, oil prices first soared and then crude prices crashed. The conflict escalated rapidly, with Israel launching 'Operation Rising Lion' to strike Iranian nuclear sites. Iran retaliated with missile barrages. Then the US joined the fray, bombing major Iranian facilities and setting the world on edge. Traders panicked. Prices surged. Brent crude spiked to over $80 a barrel. The fear? That Iran might block the Strait of Hormuz, choking off a fifth of global petroleum. But behind the scenes, a different drama was unfolding. According to satellite imagery and backchannel chatter, the US quietly evacuated its airbase in Qatar before Iran launched a retaliatory missile attack – one that conveniently caused zero casualties and was telegraphed 12 hours ahead of time. The conflict's crescendo, it turns out, was more theatre than war. And just like that, the markets yawned and went about their business. When fear vanishes, fundamentals return Without the risk of a Hormuz shutdown, traders refocused on the oil market's unsexy reality: Opec+ has spare capacity, up to 4 million barrels per day sitting on standby; US shale is booming and approaching 21 million barrels daily in total liquids production; Inventories are rising and the US saw a surprise 4.2 million barrel build mid-conflict; and Demand is limp because China's refinery output is down, and global indicators point to economic slowdown. The net effect? Once the speculative fear bubble burst, there was nothing holding prices up. In fact, Brent and WTI both settled below their pre-conflict levels. The market not only priced out the risk, it remembered how oversupplied and under-demanded the landscape really is. Fragile ceasefire, fragile peace Despite the ceasefire, Iran and Israel couldn't even agree whether it was a ceasefire. Within hours, more missiles flew. Israel blamed Iran. Iran denied. The truth didn't matter; the damage to credibility was done. Still, markets didn't panic. They'd seen this movie before. Short-term volatility, yes. Full-scale war? Not yet. As one trader told Bloomberg: 'We've had 25 Strait of Hormuz scares in the last decade. None of them closed the tap.' What this means for you If you're a South African motorist anxiously watching global headlines, here's the deal: The price of crude oil is just one factor in our monthly fuel price now, the drop in international oil prices could ease pressure on future fuel hikes. However, the rand is the wild the rand strengthens and oil stays subdued, we might see a fuel decrease in the next pricing window. But if the rand weakens – or if the war in the Middle East flares up – those savings could be wiped out. Lessons from the paradox The oil market's response to the war in the Middle East teaches us that modern trading is less about what happens and more about what is believed to be possible. The threat of catastrophe inflates prices. If there's no escalation, we return to normal. So, when war broke out in the world's most volatile oil region, and oil fell, it wasn't madness. It was math. The real madness may be what happens next. DM