The ceasefire extension leaves Tehran, already under economic pressure, in a position that will be hard to sustain over the long term. The risk of renewed escalation remains high.

Trump's announcement came after an expected trip by Vice President JD Vance to Pakistan for a peace talks with Iranian officials was put on hold.

The blockade of ports on Iran's coast in the Strait of Hormuz will remain in place, the US president said on Tuesday, while the US military will 'in all other respects, remain…