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Day 38: Ceasefire Talks Amid Ongoing Hostilities and Rising Oil Prices

4/7/2026

43 3 Full Breakdown

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Story summary
  • The conflict is on Day 38, with a proposed 45-day ceasefire.
  • Pakistan, Egypt, and Turkey facilitate talks to reopen the Strait of Hormuz.
  • The talks aim to establish a permanent peace settlement.
  • Hostilities continue with Iranian missiles striking Haifa and Israeli forces targeting Iranian infrastructure, while oil prices rise.
  • U.S. President Donald Trump expressed skepticism about the ceasefire.
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