The World in Brief from The Economist

Donald Trump announced a two-week ceasefire with Iran, subject to the Islamic Republic agreeing to the “immediate” opening of the Strait of Hormuz.

Donald Trump warned that Iran could be “taken out in one night” and “that night might be tomorrow”. Meanwhile Israel attacked Tehran, Iran’s capital, hitting aircraft and infrastructure at several airports.

Oil prices jumped as Donald Trump threatened in a press conference to “take out” Iran and renewed warnings that America would bomb “every power plant” in the country if Iran doesn’t open the Strait of Hormuz by Tuesday.

Oil prices jumped as Donald Trump threatened in a press conference to “take out” Iran and renewed warnings that America would bomb “every power plant” in the country if Iran doesn’t open the Strait of Hormuz by Tuesday; Israel attacked Tehran, Iran’s capital, hitting aircraft and infrastructure at several airports, including Mehrabad, the city’s main domestic airport.

Donald Trump threatened to strike Iranian power plants and bridges on Tuesday. Also, Iran dismissed Mr Trump’s ultimatum, calling it an “indication of a criminal mindset”.

Donald Trump threatened to strike Iranian power plants and bridges on Tuesday if Iran’s regime did not “open the fuckin’ strait”.

Donald Trump threatened to strike Iranian power plants and bridges on Tuesday if Iran’s regime did not “open the fuckin’ strait”; Israel’s defence minister warned of intensifying attacks on assets related to Iran’s petrochemical industry.

Donald Trump gave Iran 48 hours to make a deal or open the Strait of Hormuz, after which it would face “all hell”; European policymakers are privately pushing back against new windfall taxes on big oil, labelling the measures as premature, a source close to the negotiations told the Economist.