The Iran ceasefire was just extended. The real test for Washington starts now

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Foreign correspondent Jeff Paul and former CENTCOM Commander Gen. Joseph Votel analyze the IRGC attacks on shipping in the Strait of Hormuz. On Tuesday, President Donald Trump posted on Truth Social that he would extend the ceasefire with Iran — with no set deadline — until Tehran’s leaders can "come up with a unified proposal." That announcement landed hours after Vice President JD Vance’s trip to Islamabad for a second round of peace talks was canceled without explanation, after Iranian officials told U.S. counterparts through Pakistani intermediaries that they would not appear at the table. Trump had said that very morning he did not want to extend. By Tuesday evening, he did. The extension may have been unavoidable. What happened in the Strait of Hormuz on Wednesday makes clear exactly what Washington bought. Before addressing what comes next, on