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FTSE 100 Live: Stocks to dip as Trump extends ceasefire

Good morning and welcome back to the City AM liveblog. Donald Trump has said he will extend the ceasefire with Iran – originally due to expire today – at the request of Pakistan. The President posted on Truth Social last night that the suspension of hostilities will remain in place,

  • Samuel Norman
  • April 22, 2026
  • 0 Comments

Wednesday 22 April 2026 6:30 am  |  Updated:  Wednesday 22 April 2026 6:29 am

Good morning and welcome back to the City AM liveblog.

Donald Trump has said he will extend the ceasefire with Iran – originally due to expire today – at the request of Pakistan.

The President posted on Truth Social last night that the suspension of hostilities will remain in place, along with the US’ blockade on the Strait of Hormuz, until “leaders and representatives can come up with a unified proposal”

It follows just a fortnight ago the President held off on bombing Iranian power plants as hopes of peace talks emerged.

But talks have continued to fall short. On Tuesday, Vice President JD Vance was expected to depart to Pakistan for another round of talks, but this was put on hold after Iran’s foreign ministry spokesman told the BBC that it had not yet made a decision for whether an Iranian delegation will travel to Islamabad.

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“We went to this negotiation with good faith and sense of seriousness, but you have a negotiating party that has shown its lack of seriousness, lack of good faith…They’re changing their position frequently, these flip flops, threats of war crimes,” Baghaei said.

Trump was also asked if he would extend the ceasefire in Iran ahead of his Truth Social post to which he responded: “I don’t want to do that”.

He added: “I expect to be bombing ’cause that would be a better attitude.”

Two weeks ago as the ceasefire deadline drew nearer Trump warned a “whole civilisation will die tonight” as uncertainty persisted whether peace would be reached.

We’ll be bringing you the latest on this as well as all the breaking news on inflation this morning.

Here’s a few of our top headlines this morning Read more FTSE 100 Live: Stocks flat as Trump’s deadline looms; Job vacancies shrink; Primark gets spin-off

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