ceasefire, Iran and Trump
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Rep. Alexandria Ocasio-Cortez calls for Trump's removal from office, asserting that his Iran ceasefire "statement changes nothing."
President Donald Trump originally gave the Iranian leadership till 8 p.m. E.T. on Tuesday to open the Strait of Hormuz.
Critics are using the phrase TACO, or Trump Always Chickens Out, to describe the president's ceasefire with Iran.
Oil prices plunged and U.S. stock futures soared after President Donald Trump announced "a double sided ceasefire" in the war with Iran.
Oil prices plummeted Tuesday after President Donald Trump agreed to a two-week ceasefire with Iran, spurring hopes that more oil tankers would be able to transit the key Strait of Hormuz soon.
Many Republicans praised President Donald Trump's cease-fire announcement, while some Democrats called for him to be removed from office.
The last-minute deal has elicited a mix of caution and relief among U.S. lawmakers.
President Donald Trump is demanding that Iran agree to reopen the Strait of Hormuz on Tuesday, threatening to escalate the conflict as oil prices surge.