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WSJ What’s News

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

Apr 8, 2026 · 13m

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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…