The United States and Iran have reached a two-week ceasefire agreement, causing crude oil prices to plunge and sparking a broad rally across Asian stock markets. U.S. President Donald Trump declared today (the 8th) a "great day for world peace," stating that the U.S. would help resolve shipping congestion in the Strait of Hormuz. He further teased more positive moves to come, claiming significant wealth would be generated and that Iran could now begin its reconstruction.

Around 12:00 PM Taiwan time on the 8th, President Trump posted on Truth Social, stating that today marks a momentous day for world peace. He noted that Iran and others are "fed up" and are looking forward to achieving peace. While Trump indicated the U.S. would assist with the traffic congestion in the Strait of Hormuz, he did not provide specific details.

Continuing his remarks, Trump suggested that more proactive measures are on the horizon, which would result in "large sums of money" being made. He emphasized that "Iran can start its reconstruction," yet hinted that U.S. forces would not be withdrawing immediately. "We will be shipping in all sorts of things and 'staying there' to make sure everything goes well," he said.

Trump concluded with a confident call for peace, stating: "This could be the Golden Age of the Middle East, much like what we have experienced in the United States!"