TEHRAN/TEL AVIV — US President Donald Trump announced a ceasefire between Iran and Israel on Monday evening. Iran’s state media confirmed a ceasefire deal but there has been no official comment from Israel yet and it is not clear what time any pause may take place.

Israel said it identified multiple missiles launched from Iran early Tuesday morning with one slamming into a residential building in the south that left three dead. Iranian state media reported Israel launched fresh attacks on Iran’s capital Tehran overnight.

Oil prices extended their slide during Tuesday trade in Asia as Iranian state media announced a ceasefire deal, easing investors’ concerns over supply disruptions.

US West Texas Intermediate crude last slumped by 2% to $67.13 per barrel, hitting its lowest level in nearly two weeks. Brent crude, the global benchmark, was down 1.8% to $67.17 a barrel.

Iranian and Israeli media channels are reporting that the ceasefire between their two nations has begun, but confusion still swirled over the ceasefire’ precise details and timing.

In his initial announcement, Trump said a ceasefire would begin around six hours from his first social media message announcing the breakthrough, which placed the timing close to 12a eastern time.

Shortly after 12 am eastern time, Israeli and Iranian media began running headlines saying the ceasefire had begun.

Iran’s Press TV, which is run by Iran’s state-run television operation, said: “Ceasefire begins following four waves of Iranian attacks on Israeli-occupied territories”.

The semi-official Tasnim news agency reported one line on its Telegram channel saying a ceasefire had entered its “enforcement stage”.

Israeli news outlets Channel 12 and Ynet also ran headlines saying the ceasefire had come into effect.

Iran’s state media earlier on Tuesday declared a ceasefire had been “imposed on the enemy” but did not give a precise time.

Israel’s government has yet to make any official comment. — CNN