Iran war: Hegseth declares 'historic' victory for US

Key Points:

• US President Donald Trump agreed to a two-week ceasefire with Iran following a 10-point proposal from Tehran, halting bombings and attacks, while Defense Secretary Pete Hegseth declared the US had achieved a "historic and overwhelming victory" in the conflict.
• Despite the ceasefire, Iranian drone and missile strikes targeted Kuwait and the UAE, causing significant material damage, as both sides maintained military readiness with US forces staying in the region to enforce compliance.
• Global reactions to the ceasefire were cautiously optimistic, with Germany, Canada, EU leaders, Turkey, and Gulf Arab states supporting diplomatic efforts to secure lasting peace and ensure freedom of navigation in the Strait of Hormuz.
• Experts criticized the US war strategy, viewing it as a major miscalculation that emboldened Iran and weakened US credibility, while Ukrainian President Zelenskyy pledged continued military advisory support in the Middle East amid the conflict.
• The International Air Transport Association warned that jet fuel supplies would take months to recover even if the Strait of Hormuz reopens, due to disruptions in regional refining capacity, though Gulf transport hubs are expected to bounce back quickly.