The Big Story: Trump, Iran agree to a two-week ceasefire. But is lasting peace possible?

Published on 8 Apr 2026
Share

US President Donald Trump has announced a two-week suspension of attacks on Iran—a tense, last-minute pause in a conflict that has already rattled the Middle East and global markets.

The ceasefire hinges on Iran reopening the Strait of Hormuz, a strategic chokepoint carrying one-fifth of the world’s oil.

With talks set to begin on April 10, key disagreements remain over nuclear enrichment and sanctions relief.

Is this a genuine step toward lasting peace, or a fragile pause in a high-stakes standoff? What are the risks if negotiations falter, and how much leverage do Washington and Tehran really hold?

On The Big Story, Debbie Yong speaks with Dr Jessica Genauer, Academic Director of the Public Policy Institute & Associate Professor in International Relations, University of New South Wales, to find out more.

See omnystudio.com/listener for privacy information.

Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.