Iran’s Foreign Minister says Iran will stop if Israel does

A bit of a muddled response from the Foreign Minister, but he got there in the end.

• provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards.

Thats a ceasefire.

And later:

• The final decision on the cessation of our military operations will be made later.

The time in Tehran as I update is just on 4.30am. This is where the rubber hits the road, have we got a ceasefire or not?

This article was written by Eamonn Sheridan at www.forexlive.com.