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12.04.2026
For two weeks American aircraft struck Iranian targets. On Saturday, with no announcement and no explanation, the bombing stopped. And on Sunday the American president, speaking from his plane, told reporters that talks are now under way.
„We are talking right now,” Donald Trump said to journalists aboard Air Force One. In his telling, Iran wants negotiations „because we hit them very hard”. Then came the sentence that lays bare the logic of this five-month conflict: „We are having good conversations. I think there is a good chance something happens. If it happens, good. If not, we go back to what we were doing two days ago.”
So peace here is not the goal. Peace is a pause with an expiry date, in which one side openly says the ceasefire lasts exactly as long as it suits them. Diplomacy and bombs are not two separate phases - they are two settings on the same device, and the switch sits with one man.
Who is actually asking for this pause
According to sources, military advisers told Trump the bombing had reached its strategic limits. That is another way of saying further strikes no longer produce a result worth having. So the pause did not come from conscience, it came from accounting - when the war stops paying, the negotiating tone gets switched on.
And that a ceasefire is a term with a very loose definition was demonstrated in those same days. Despite the American halt, on Monday Saudi Arabia, Jordan and Iraq reported drone attacks. Saudi authorities say armed groups backed by Iran launched drones at oil targets, including in Riyadh. Anyone claiming the fire has stopped should first ask the people underneath it.
The market reacted faster than the diplomats
The quickest and most honest response came from where it always comes - the exchange. Brent fell by around eight to nine percent after the ceasefire announcement and Trump's remarks, dropping below 89 dollars a barrel.
That is the figure that says more than all the statements combined. Eight percent in a few hours means the market had been pricing fear, not oil, for months. And it means that same fear can return in just as many hours, if we „go back to what we were doing two days ago”.
A region that remembers every one of its own wars knows what a truce signed nowhere is worth. The question is not whether there will be an agreement - the question is who decides when the pause ends, and whether anyone else gets asked at all.
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