Trump announces Israel-Iran ceasefire
24 June 2025 02:23
WASHINGTON (Reuters) US President Donald Trump said on Monday that a "complete and total" ceasefire between Israel and Iran will go into force with a view to ending the conflict between the two nations."On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, 'THE 12 DAY WAR'," Trump wrote on his Truth Social site.
Israel-Iran Conflict
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On the assumption that everything works as it should, which it will, I would like to congratulate both countries: #Trump
Read more: https://t.co/zYZ9pp3nPi#AletihadNewsCenter #USA #Iran #Israel #ceasefire #peace pic.twitter.com/aFdFEZ4Bk0 — Aletihad English (@AletihadEn) June 23, 2025
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The National
17 minutes ago
- The National
Cyber threats increase amid Israel–Iran war and US military involvement
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Ms Hassib told The National that Israel views cyber power as part of its military strategy, a way to enhance its global technological image and restore public trust at home. She said that Iran developed capabilities in response to attacks like Stuxnet and now uses them to retaliate and compensate for military losses on the ground. 'Internationally, it serves as both a deterrent and a commercial asset; domestically, it is instrumental in attempting to restore public trust in (Israeli Prime Minister Benjamin) Netanyahu's regime, which has been damaged by the war on Gaza,' she said. 'Iran, on the other hand, developed cyber capabilities in response to the 2010 Stuxnet attacks on its uranium enrichment facilities – widely attributed to Israel and the US.' Radware reported that Iranian cyber attacks against Israel increased by 700 per cent following the Israeli strikes. These included distributed denial-of-service attacks, phishing operations, and disinformation campaigns. Marwan Hachem, co-founder of UAE-based cyber security company FearsOff, said operations in this conflict are no longer just defensive or opportunistic. 'Cyber security is already becoming a key weapon in the intensifying Iran and Israel war,' he said. One example involved spoofed text alerts designed to look like messages from the Israeli military, warning of terrorist threats near bomb shelters. Hacktivist groups have also intensified operations. Mr Hachem highlighted reports of breaches against sensitive agencies, including alleged compromises of Israeli intelligence agencies' data. FearsOff cited reports of alleged breaches affecting Israeli intelligence agencies. These claims have not been independently verified. According to Radware, people like Mr Hamza, commonly associated with pro-Palestinian and pro-Iranian defacement campaigns, and Arabian Ghosts, known for targeting Israeli infrastructure through denial of service attacks, have defaced pages, leaked data, and disrupted Israeli websites. US involvement raises the stakes With the US now engaged militarily, cyber security experts and US agencies talk of heightened risks. "Especially given that Iran warned at the outset of the conflict that any US involvement would result in irreparable damage and could trigger an all-out war,' Ms Hassib said. She added that pro-Iranian hacktivist groups have already threatened cyber attacks against other countries. 'For instance, the hacktivist group Mysterious Team Bangladesh announced on its Telegram channel that it would launch cyber attacks against critical government infrastructure in Jordan and Saudi Arabia if they support Israel,' she said. , claimed responsibility for disabling Iran's Sepah Bank and attacking the cryptocurrency exchange Nobitex, destroying nearly $90 million in digital assets. The US Department of Homeland Security issued a National Terrorism Advisory System bulletin on Sunday, warning that the Iran–Israel conflict has elevated the risk of 'low-level cyber attacks against US networks by pro‑Iranian hacktivists' and that 'cyber actors affiliated with the Iranian government may conduct attacks against US networks'. Sectors most vulnerable to attack Ms Hassib said that the widespread reliance on digital technologies across economies, infrastructure, militaries, and daily life means 'nearly every sector is vulnerable to cyber attacks'. 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Industry experts warn that as the military conflict intensifies, cyber operations are likely to escalate, with businesses and governments urged to strengthen defences and prepare for more complex digital disruptions.
Zawya
30 minutes ago
- Zawya
Dollar falls in broad risk rally after Trump announces Israel-Iran ceasefire
SINGAPORE: The dollar fell on Tuesday while the Australian and New Zealand dollars rose after U.S. President Donald Trump announced a ceasefire between Israel and Iran, in news that sent investors cheering and sparked a risk rally across markets. Trump said that a "complete and total" ceasefire between Israel and Iran will go into force with a view to ending the 12-day conflict between the two nations, moments after both sides threatened new attacks. An Iranian and Qatari official confirmed that Tehran had agreed to a ceasefire, while Israel's Channel 12 reported that Prime Minister Benjamin Netanyahu had agreed in a conversation with Trump to a ceasefire as long as Iran stopped its attacks. The risk-sensitive Aussie got a lift from the news and last traded 0.35% higher at $0.6483 as did the kiwi , which rose 0.37% to $0.5998. "It's obviously positive news for risk sentiment," said Rodrigo Catril, senior currency strategist at National Australia Bank. "We need to obviously have a bit more details in terms of exactly what all this means... I suppose it will be the conditions of the ceasefire, and what are the conditions for a more longer-lasting peace deal." The dollar, which last week drew support from safe-haven demand, fell broadly in the wake of the news. Against the yen, the greenback was down 0.21% at 145.79 . The euro rose 0.21% to $1.1602 and sterling advanced 0.18% to $1.3551. Trump's comments on his Truth Social site came after Iran launched a missile attack on an American air base in Qatar on Monday that caused no injuries, in a move which he dismissed as a "weak response" to U.S. attacks. Adding to headwinds for the dollar were dovish comments from Federal Reserve policymaker Michelle Bowman, who said the U.S. central bank should consider interest rate cuts soon. Bowman's openness to cutting rates soon is supported by Fed Governor Christopher Waller, who said in a television interview last week he'd also consider a rate cut at next month's meeting. "There appears to be increasing division among the ranks of the Fed board ahead of Fed Chair Powell's testimony," said Tony Sycamore, a market analyst at IG. "The chance of a July rate cut... is still underpriced. I think it should be higher than that." Markets are now pricing in about a 20% chance the Fed could ease rates in July, up from 14.5% a day ago, according to the CME FedWatch tool. Fed Chair Jerome Powell is due to testify before the U.S. Congress on Tuesday and Wednesday, where focus will be on the outlook for U.S. rates. (Reporting by Rae Wee; Editing by Lincoln Feast.)
Zawya
30 minutes ago
- Zawya
Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire
Oil prices tumbled on Tuesday to their lowest level in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, relieving worries of supply disruption in the area. Brent crude futures fell $2.69 or 3.76% to $68.79 a barrel as of 0006 GMT, after falling more than 4% earlier in the session and touching its lowest level since June 11. U.S. West Texas Intermediate crude slumped $2.7, or 3.94%, to $65.46 per barrel, having hit its weakest level since June 9 earlier in the session and falling around 6%. Trump announced on Monday that Israel and Iran have fully agreed to a ceasefire, adding that Iran will begin the ceasefire immediately, followed by Israel after 12 hours. If both sides maintain peace, the war will officially end after 24 hours, concluding a 12-day conflict. He said that a "complete and total" ceasefire will go into force with a view to ending the conflict between the two nations. "With the ceasefire news we are now seeing a continuation of the risk premium built into crude oil price last week all but evaporate," said Tony Sycamore, analyst at IG. Iran is OPEC's third-largest crude producer, and the easing of tensions would allow it to export more oil and prevent supply disruptions, a major factor in oil prices jumping in recent days. Both the oil contracts settled over 7% lower in the previous session after rallying to five-month-highs after the U.S. attacked Iran's nuclear facilities over the weekend, stoking fears of a broadening in the Israel-Iran conflict. "Technically, the overnight sell-off reinforces a layer of resistance between approximately $78.40 (October 2024 and June 2025 highs) and $80.77 (the year-to-date high), and it's clear that it will take something extremely unexpected and detrimental to supply for crude oil to break through this layer of resistance," Sycamore added. (Reporting by Anjana Anil in Bengaluru; Editing by Leslie Adler and Shri Navaratnam)
