Markets react positively to Iran-US ceasefire

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The United States and Iran have each declared victory after they announced a two-week ceasefire. With the Strait of Hormuz due to be opened up for safe passage, under Iranian military management. We get reaction from the US and Iran. Israel says it agrees with the ceasefire but that it does not include Lebanon. We find out what this means from our correspondent in Beirut. Oil prices plunged after the ceasefire was announced. Stockmarkets are also reacting positively to the news. And what part did Pakistan play in these negotiations? We look at this and the US-Iran peace talks expected to talk place this week. Presenter: Anne Soy and Andrew Peach (Photo: A financial data screen in a dealing room of Hana Bank in South Korea. Credit:Yonhap/EPA)