U.S. and Iran Both Claim Victory in New Ceasefire

A.M. Edition for April 8. The U.S. and Iran have reached a 14-day ceasefire agreement aimed at reopening the Strait of Hormuz and pausing weeks of escalating military strikes. With Tehran touting the deal as a strategic win, WSJ Middle East correspondent Jared Malsin details what we know about the truce and whether the Strait is in fact reopening. Plus, how markets – and central banks – are responding to the U.S. and Iran walking back from the brink. And Republicans beat back a Democratic push to win Marjorie Taylor Green’s House seat. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Correction: India’s central bank is called the Reserve Bank of India. An earlier version of this podcast incorrectly referred to it as the Royal Bank of India. (Corrected on April 9) Learn more about your ad choices. Visit megaphone.fm/adchoices