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Two weeks to stop the war?<\/b> After warning earlier this week that a “whole civilization will die” without a deal, President Donald Trump agreed last night to a two-week ceasefire with Iran. Israel also signed into the deal, although the country said it did not cover its conflict with the Iran-backed group Hezbollah.\u00a0<\/span><\/p>\n The deal is predicated on what Trump <\/span>said<\/span><\/a> was <\/span>“the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”<\/span> CNN reports that Iran made a commitment to <\/span>reopen the strait<\/span><\/a>, a key waterway for global energy markets, with Iran’s military overseeing <\/span>passage<\/span><\/a> through the strait. Some reports have raised the possibility that Iran might charge a toll for passage through the strait.\u00a0<\/span><\/p>\n This morning, I asked President Trump if he’s okay with the Iranians charging a toll for all ships that go through the Strait of Hormuz, he told me there may be a Joint US-Iran venture to charge tolls:<\/p>\n “We’re thinking of doing it as a joint venture. It’s a way of securing it \u2014\u2026<\/p>\n \u2014 Jonathan Karl (@jonkarl) April 8, 2026<\/a><\/p>\n<\/blockquote>\n At a press conference this morning, Defense Secretary Pete Hegseth said the United States had won a “decisive military victory<\/a>” in Iran, destroying its missile capabilities.\u00a0<\/span><\/p>\n The Reason Roundup Newsletter by Liz Wolfe<\/strong> Liz and Reason<\/i> help you make sense of the day’s news every morning.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n \t\t \n