OTTAWA – The United States and Iran have agreed to a two-week ceasefire, according to a CBC News broadcast Thursday evening. The agreement, announced with approximately 90 minutes to spare before an 8 p.m. deadline set by U.S. President Donald Trump, is contingent on Iran reopening the Strait of Hormuz.

Prior to the agreement, tensions had escalated significantly, with Iran firing missiles at Israel and across the Gulf region, and Israel reportedly targeting railroad tracks within Iran. U.S. forces also targeted military sites on Karg Island, a key location for Iranian oil exports.

During the broadcast, Katie Simpson, reporting from Washington, stated that Trump had initially threatened to wipe out an entire civilization if the deadline was missed. She noted that Iran is framing the ceasefire as a win and a “humiliating climb down” for the U.S. Simpson also reported that Trump announced the deal via social media, calling it a “double-sided ceasefire.”

Sasha Petrosik, reporting from Jerusalem, indicated that despite the ceasefire announcement, the sounds of conflict continued throughout the night in Israel and the Gulf region. Petrosik also highlighted concerns about the situation in Lebanon, where Israeli forces are operating near the border with Hezbollah.

Canadian Prime Minister Mark Carney stated that Canada expects all parties involved in the conflict to respect international laws and avoid targeting civilians or civilian infrastructure. He also clarified that Canada distinguishes between the desire to end Iran’s role as a state sponsor of terrorism and adherence to international law.

CBC News also reported that the conflict in the Middle East is contributing to rising fuel prices in Canada, which are expected to impact grocery costs. Nisha Patel, reporting from Toronto, stated that consumers should anticipate increases in food prices, particularly for fresh produce, meat, and dairy, due to fuel surcharges being added by shippers and suppliers.

Finally, the broadcast featured stunning images captured by the Artemis II crew during their lunar flyby, including previously unseen views of the moon’s surface and Earth. The crew also conducted the first ship-to-ship communication with the International Space Station.