Trump Extends US-Iran Ceasefire Indefinitely — But Tehran Calls It Surrender

President Trump announced on April 21 that the two-week US-Iran ceasefire will be extended indefinitely, conditional on Iran submitting a "unified peace proposal." Pakistan is mediating. Iran's parliamentary speaker has publicly rejected the terms, calling the American position a "table of surrender," while IRGC-aligned media insists Tehran never requested the extension. The second round of Islamabad talks remains stalled with no Iranian delegation confirmed

An indefinite ceasefire is fundamentally different from a peace deal. Global oil markets — which had surged on Iran's Hormuz reimposition — are now in unresolved limbo. Prices will remain volatile until Iran formally responds to Washington's framework. For Ghana, this ambiguity is itself a threat: BOST and the NPA must plan for both a rapid price spike (if talks collapse) and gradual normalisation (if peace holds).