Both Iran and the U.S. claim they "won big"? In reality, no agreement has been reached yet. April 10th may be the next key milestone.

Mars Finance News: On April 8, Beijing time this morning, as the deadline for the original “ultimatum” draws near, Iran, the United States, and Israel reached a two-week ceasefire agreement under special conditions. With Iran’s coordination, the strait can be safely navigated over the next two weeks. What is worth noting is that, after the fact, both sides announced that they had achieved complete victory. On April 7, U.S. President Trump, in an interview with Agence France-Presse, said that Iran’s uranium enrichment issue will be “perfectly handled.” He also claimed that the two-week ceasefire between the U.S. and Iran is “a complete and total victory” for the United States.

Also, according to CCTV News, Iran’s Supreme National Security Council, in a statement, congratulated all Iranian people on their victory. The statement said that the United States has, in principle, committed to:

• guarantee that it will not carry out further military actions
• recognize Iran’s continued right to control the Strait of Hormuz
• accept Iran’s uranium enrichment activities
• lift all sanctions against Iran at Levels I and II
• pay compensation for losses caused to Iran

However, this statement was later contradicted by subsequent news reports. The chairman of Iran’s Islamic Consultative Assembly, Kalibaf, will lead an Iranian delegation to hold negotiations with the United States in Islamabad, Pakistan. The U.S. side will be represented by a delegation led by Vice President Vance. The Iranian delegation and the U.S.-Iran counterpart delegations are expected to conduct further talks in Islamabad on April 10 to reach a final agreement to resolve all disputes.

In addition, on Wednesday morning local time, Iran’s navy informed ships anchored near the Strait of Hormuz that permission is still required from Iran to pass through the strait. A recording shared by a crew member shows: “All vessels must obtain permission from the naval forces of Iran’s Islamic Revolutionary Guard Corps to pass through the strait. Any vessel attempting to transit without permission will be destroyed.”

It is thus evident that this ceasefire agreement may be limited to the ceasefire itself. The two sides have not actually reached agreement on the specific flashpoints of the conflict, and even their attitudes remain so tough—at least when presenting their stance externally.