April 15, 2026 — Army Chief in Tehran.
Developing Situation
Diplomatic momentum shifted on April 15 as the U.S. and Iran began considering a two-week extension of their ceasefire, according to Bloomberg. Pakistan's army chief traveled to Tehran for emergency mediation, while Iran threatened to expand maritime disruptions to the Red Sea. Oil prices eased on the extension reports, with WTI pulling below $95. The ceasefire expires April 21, leaving six days for negotiators to either extend the truce or face a potential return to hostilities.