Iran and the US have agreed to a conditional two-week ceasefire.
US President Donald Trump says the US has “met and exceeded all military objectives”, while Iran says the ceasefire is a “humiliating retreat” for Washington. So, what has actually been agreed, and is this ceasefire likely to pave the way for an ending to the war?
We speak to Jane Corbin from the BBC’s Panorama, who has reported from the world's major conflict zones for three decades.
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00:00 Introduction
01:04 What do we know about the ceasefire?
02:04 Who are the United States negotiating with?
04:03 What's in Iran's ten point plan?
06:30 The Israel-Hezbollah conflict
09:23 Both sides are claiming victory
12:49 Donald trump's threats
17:01 What this means for oil prices
20:20 The situation in Iran
22:22 What has been achieved in this conflict?
Back from the brink: The Iran ceasefire | The Global Story 2026
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