Israel said it had identified missiles launched from Iran more than two hours after a ceasefire began on Tuesday.
Sirens sounded across northern Israel.
The latest barrage came after Israel and Iran accepted a ceasefire plan proposed by U.S. President Donald Trump to end their 12-day war that roiled the Middle East, after Tehran launched a retaliatory limited missile attack on a U.S. military base in Qatar.
The truce in the 12-day war that threatened to veer out of control on multiple occasions came as a major relief for markets and economies around the world, with oil slipping and gold losing shine and stock markets jumping sharply.
ALSO READ: Israel-Iran ceasefire takes full effect after Israel finally confirms agreement
Investors had been jittery all week, weighing the risk of disruption to oil flows through the Strait of Hormuz, a key shipping route for global energy supplies. As a result, over the week, markets had steadily fallen even as gold rose.
The ceasefire between the two warring sides was first announced by US President Trump early today. Trump made this announcement minutes after each side threatened new attacks. Iran's final call came hours after an (apparently) final volley of projectiles at Israel.
In a post on social media, Iranian Foreign Minister Abbas Aragchi said the military had fought until the "very last minute." Despite this, Israel reported that three separate waves of missile attacks were launched by Iran that ..
Israel confirmed its agreement to the truce hours later.
Trump said 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'," he wrote on his Truth Social site.
The ceasefire followed American strikes on Iranian nuclear facilities over the weekend. In response, Iran launched missiles at Al Udeid Air Base in Qatar, the largest U.S. military site in the region. Iran is reported to have given prior warning to reduce potential damage. Al Udeid hosts around 10,000 U.S. troops and serves as the headquarters for the U.S. Central Command.
While making the announcement, the US President said that the ceasefire would not take full effect immediately, as ongoing missions were being completed.
Vice President JD Vance later said the conflict now seemed "effectively over" and suggested there was room to "restart a real peace process."
Qatari officials reportedly played a central role in brokering the deal. Acting on behalf of the Trump administration, they reportedly convinced Iran to accept the terms of a proposed ceasefire after learning that Israel had also agreed.
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani secured Tehran's agreement during a call with Iranian officials, news agency Reuters reported.
Israeli Prime Minister Benjamin Netanyahu had hinted days earlier that an end to the fighting could be near. On Sunday, he stated that Israel was “very, very close” to meeting its military objectives but gave no timeline for the conflict’s conclusion.
European foreign ministers met to assess the situation. Kaja Kallas, the European Union’s chief diplomat, noted, “The concerns of retaliation and this war escalating are huge.”
Sirens sounded across northern Israel.
The latest barrage came after Israel and Iran accepted a ceasefire plan proposed by U.S. President Donald Trump to end their 12-day war that roiled the Middle East, after Tehran launched a retaliatory limited missile attack on a U.S. military base in Qatar.
The truce in the 12-day war that threatened to veer out of control on multiple occasions came as a major relief for markets and economies around the world, with oil slipping and gold losing shine and stock markets jumping sharply.
ALSO READ: Israel-Iran ceasefire takes full effect after Israel finally confirms agreement
Investors had been jittery all week, weighing the risk of disruption to oil flows through the Strait of Hormuz, a key shipping route for global energy supplies. As a result, over the week, markets had steadily fallen even as gold rose.
The ceasefire between the two warring sides was first announced by US President Trump early today. Trump made this announcement minutes after each side threatened new attacks. Iran's final call came hours after an (apparently) final volley of projectiles at Israel.
In a post on social media, Iranian Foreign Minister Abbas Aragchi said the military had fought until the "very last minute." Despite this, Israel reported that three separate waves of missile attacks were launched by Iran that ..
Israel confirmed its agreement to the truce hours later.
Trump said 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'," he wrote on his Truth Social site.
The ceasefire followed American strikes on Iranian nuclear facilities over the weekend. In response, Iran launched missiles at Al Udeid Air Base in Qatar, the largest U.S. military site in the region. Iran is reported to have given prior warning to reduce potential damage. Al Udeid hosts around 10,000 U.S. troops and serves as the headquarters for the U.S. Central Command.
While making the announcement, the US President said that the ceasefire would not take full effect immediately, as ongoing missions were being completed.
Vice President JD Vance later said the conflict now seemed "effectively over" and suggested there was room to "restart a real peace process."
Qatari officials reportedly played a central role in brokering the deal. Acting on behalf of the Trump administration, they reportedly convinced Iran to accept the terms of a proposed ceasefire after learning that Israel had also agreed.
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani secured Tehran's agreement during a call with Iranian officials, news agency Reuters reported.
Israeli Prime Minister Benjamin Netanyahu had hinted days earlier that an end to the fighting could be near. On Sunday, he stated that Israel was “very, very close” to meeting its military objectives but gave no timeline for the conflict’s conclusion.
European foreign ministers met to assess the situation. Kaja Kallas, the European Union’s chief diplomat, noted, “The concerns of retaliation and this war escalating are huge.”
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