Iran demands guaranteed ceasefire to end war permanently, senior source: Reuters

Smoke rises after explosions struck the northeastern, western, and central areas amid Israeli attacks in Tehran, Iran on April 1, 2026.

Tolga Akbaba | Anadolu | Getty Images

Iran demands a guaranteed ceasefire to end war permanently, a senior Iranian source told Reuters on Wednesday.

The source said intermediaries contacted Iran on Tuesday, with discussions focused on continuing diplomacy.

The source added that no talks have taken place via mediators for a temporary ceasefire.

RBC’s Helima Croft: No indication of a near-term plan to reopen the Strait of Hormuz

Read more U.S.-Iran war news

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source

Politics

Trump administration asks appeals court to pause order halting White House ballroom construction

April 4, 2026

US President Donald Trump looks out at the White House Ballroom construction while arriving for a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Al Drago | Bloomberg | Getty Images The Trump administration is arguing that a judge’s order to halt […]

Politics

Warsh nomination moves ahead, putting Trump’s competing Fed plans on a collision course

April 4, 2026

Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin […]

Politics

Trump is calling for a major increase in defense spending alongside cuts in domestic spending

April 3, 2026

President Donald Trump is asking Congress to boost defense spending to $1.5 trillion, the largest such request in decades and the latest signal of the president’s emphasis on U.S. military investments over domestic programs. The 2027 plans for the Pentagon were confirmed in a White House outline of Trump’s 2027 budget proposal released Friday. The White […]