US, Iran Agree to Two-Week Ceasefire

The US and Iran agreed to a two-week ceasefire expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. The deal buys time for the two sides to reach a longer agreement to end the six-week-old war, which has killed thousands of people and sparked a global energy crisis. Bloomberg’s Laura Davison and Joumanna Bercetche break down the situation. (Source: Bloomberg)