OTTAWA – A ceasefire has been announced between the United States and Iran, according to a CBC News broadcast Thursday evening, but its stability is immediately in question. The agreement reportedly centers on Iran reopening the Strait of Hormuz in exchange for a two-week cessation of hostilities.

Disputed Terms and Conflicting Claims

U.S. President Donald Trump has described the outcome as a “total and complete victory,” claiming the U.S. achieved its military objective of “decimating” the Iranian military. However, Iran’s Supreme National Security Council characterized the situation as a “crushing defeat” for the U.S.

According to the broadcast, the U.S. initially presented a 15-point peace plan, while Iran countered with five points, later revising it to a 10-point plan. Trump stated that “almost all” points of contention had been agreed upon. Iran’s 10-point plan, as reported by CBC News, includes demands for a U.S. commitment to non-aggression, Iranian control of the Strait of Hormuz, the continuation of Iran’s uranium enrichment program, an end to all U.S. sanctions, and a withdrawal of U.S. forces from the region.

Several of these demands are considered unlikely to be accepted by the U.S., with Israeli Prime Minister Benjamin Netanyahu already stating that Lebanon is not included in the ceasefire.

Continued Attacks and Regional Concerns

Despite the ceasefire announcement, attacks have continued in the Gulf region. Kuwait reported 30 drone attacks targeting power stations, oil facilities, and water desalination plants. Attacks were also reported in Oman, Saudi Arabia, and the United Arab Emirates.

Megan Williams, reporting from the UAE, stated that while the Strait of Hormuz is technically open, ship traffic remains minimal, with approximately 1,000 vessels waiting to pass. Iran is reportedly requiring “reconstruction money” for safe passage.

Israel’s Operations in Lebanon Continue

Israel has maintained its operations in Lebanon, despite the ceasefire, stating that its actions are separate from the agreement with Iran. Airstrikes have continued in Tyre and Sidon, Lebanon, resulting in casualties. Evacuation orders are in place for communities near Beirut.

Reactions and Uncertainty

Reactions to the ceasefire have been mixed. While some Gulf states have welcomed the agreement as a step towards de-escalation, concerns remain about Iran’s continued capabilities.

Iranian-Canadians are reportedly experiencing mixed emotions, with many unable to contact family members in Iran. According to the broadcast, some express cautious optimism, while others fear a return to the status quo.

The International Air Transport Association (IATA) estimates that it will take months to restore normal supply chains, even if the Strait of Hormuz fully reopens, due to damage to refining and oil infrastructure.