Iran Continues to Be Attacked Despite Agreeing to Ceasefire

The Iranian National Oil Refining and Distribution Company (NIORDC) reported that the oil refinery facility on Lavan Island was attacked on Wednesday (8/4) morning. “Around 10:00 local time, the Lavan Island oil refinery facility became the target of a cowardly attack by the enemy,” stated the company, as quoted by the Shana News Agency. Firefighters are currently working to extinguish the fire. Thanks to quick evacuation, no casualties have been reported. Information regarding the attack emerged a day after US President Donald Trump announced a bilateral ceasefire agreement for two weeks with Iran. As part of the agreement, Tehran also agreed to open the Strait of Hormuz. Iran’s Supreme National Security Council (SNSC) affirmed that negotiations with the United States will begin on Friday (10/4) in Islamabad, Pakistan. The conditional two-week ceasefire agreed upon by US President Donald Trump with Iran has provided a positive buffer for the rupiah’s exchange rate after it had weakened. The Strait of Hormuz has been reopened following the ceasefire agreement between the United States and Iran; the Indonesian Foreign Ministry emphasised the importance of freedom of navigation in accordance with international law. Iran’s Supreme Leader, Mojtaba Khamenei, is reportedly unconscious and receiving treatment for a serious condition, while Donald Trump agrees to the ceasefire. The ceasefire between the United States and Iran has impacted the strengthening of the rupiah’s value. At the close of trading on Wednesday (8/4), the rupiah strengthened by 93 points or 0.54 percent.