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Fortune
Fortune
Eva Roytburg

Trump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran

U.S. President Donald Trump speaks in the Oval Office after signing an Executive Order April 18, 2026 in Washington, DC. (Credit: Tasos Katopodis—Getty Images)

The U.S.-Iran ceasefire will not expire on Wednesday afternoon after all. 

In a Truth Social post Tuesday afternoon that came minutes after stocks settled, President Trump said he was extending the truce—citing “the fact that the Government of Iran is seriously fractured, not unexpectedly so” and a request from Field Marshal Asim Munir and Prime Minister Shehbaz Sharif of Pakistan to “hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal.” The naval blockade of Iranian ports stays on. The after-the-bell post closed out a day of ceasefire whiplash that had started before the opening one.

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