# Ceasefire raised hopes of halting hostilities between Iran, Israel and the United States.

*business · news · 2026-04-08 · WTOP*

## Key points

- Ayatollah Khamenei was succeeded by his son Mojtaba, who remains unseen and reportedly wounded.
- Iran is reportedly charging up to $2 million per vessel to pass through the Strait of Hormuz.
- The U.S. destroyed over 150 Iranian ships, but Iran still controls the Strait of Hormuz.
- Iran's 10-point peace proposal rejects dismantling its nuclear program and ending support for allied groups.

**Countries:** Iran, Israel, United States, Oman, Qatar

[Read the full story on WTOP](https://wtop.com/world/2026/04/heres-where-things-stand-after-a-tentative-2-week-iran-ceasefire-took-effect/)

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