President Donald Trump has extended the ceasefire with Iran until the Iranian government submits a proposal to end the conflict permanently, according to CNN. The truce was initially set to expire on Wednesday evening ET, but Trump said in a Truth Social post that the extension was due to Iran’s government being “seriously fractured.”

Conflicting Signals and Internal Tensions

Despite Trump’s announcement. An Iranian senior adviser dismissed the extension, calling it “means nothing,” according to CNN — Mahdi Mohammadi, an adviser to Speaker Mohammad Bagher Ghalibaf, said Tehran should respond militarily to the U.S. extension. Iran’s foreign minister had previously called the U.S. blockade of Iranian ports an “act of war,” according to the same source.

Trump’s shifting stance has caused confusion, with the U.S. president initially stating he did not want to extend the truce, according to CNN, as In a phone interview with Bloomberg, he said the ceasefire would expire on Wednesday evening (Washington time), according to the Korean newspaper 경향신문. Originally, the ceasefire was expected to end on the 21st after a two-week agreement was reached on the 7th.

Vice President’s Trip Cancelled

Following Trump’s announcement. Vice President JD Vance’s expected trip to Islamabad for talks with Iran has been postponed for the day, according to a White House official, as reported by CNN. Trump stated that Vance would travel to Pakistan to resume negotiations “either Tuesday night or Wednesday morning,” according to TMGM.

Trump reiterated that the Strait of Hormuz would remain blockaded until a deal is signed, according to TMGM. The U.S. is reportedly sending Jared Kushner and special envoy Steve Witkoff to accompany Vance. However, Iran has not confirmed who would lead its delegation, and it has previously expressed hesitance to participate in further talks, according to the same source.

Market Reactions and Diplomatic Tensions

The oil market reacted to the news, with West Texas Intermediate (WTI) up 0.81% at $86.25, according to TMGM. Political instability and sanctions are known to disrupt supply and affect prices, as noted in the report.

Pakistan’s Informationsminister Attaullah Tarar emphasized that a decision by Iran to participate in the talks before the ceasefire expires is “of decisive importance,” according to the Kronen Zeitung. However, there has been no official response from the Iranian government yet.

Iran’s government spokesperson, Fatemeh Mohajerani, said, “We want not to be attacked again, but if such attacks occur, we will definitely respond more resolutely than before,” according to the same source. Esmaeil Baghaei, a foreign ministry spokesperson, added that the situation is due to “contradictory messages, unclear behavior patterns, and unacceptable actions by the U.S.”

Meanwhile, the U.S. Treasury announced sanctions against more than a dozen individuals, entities, and aircraft based in Iran, Turkey, and the United Arab Emirates involved in the acquisition or transport of weapons on behalf of Iran, according to Al-Monitor. In the Indian Ocean, U.S. troops intercepted a tanker linked to Iran, marking the second such interception in a few days.