Trump Extends Ceasefire, Says Hormuz Crisis Leaves Iran “Starving for Cash”

The White House claims that a ceasefire will remain in place until Tehran’s ‘peace proposal’ is submitted and discussions are concluded.

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President Donald J. Trump arrives on stage to deliver remarks at a Turning Point USA event at Dream City Church in Phoenix, Arizona on Friday, April 17, 2026.

The White House claims that a ceasefire will remain in place until Tehran’s ‘peace proposal’ is submitted and discussions are concluded.

U.S. president Donald Trump announced he will indefinitely extend the ceasefire with Iran—hours before it was set to expire—to allow more time for negotiations aimed at ending a seven-week conflict that has shaken the global economy.

In a statement, Trump said he had agreed to a request from Pakistan, which has been mediating the talks

to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal. 

He added that the ceasefire would remain in place until Iran’s “proposal is submitted, and discussions are concluded, one way or the other.”

Trump also threatened Iran after extending the ceasefire. He stated on Truth Social that Iran was not seeking to close the Strait of Hormuz, but rather to keep it open in order to continue selling its crude oil. He added that if this were allowed

there can never be an agreement with Iran unless we blow up the rest of their country—including its leadership.

It remains unclear whether and when talks in the Pakistani capital will resume.

Mahdi Mohammadi, a surviving adviser to Iran’s parliamentary Speaker, dismissed the move, saying

Trump’s ceasefire extension is certainly a ploy to buy time for a surprise strike.

The time for Iran to take the initiative has come.

Pakistan’s Prime Minister Shehbaz Sharif welcomed the decision, writing

I sincerely hope that both sides will continue to observe the ceasefire and be able to conclude a comprehensive ‘Peace Deal.’

In contrast, Trump also warned that Iran was “collapsing financially” and “starving for cash.”

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