Iran, U.S. Reach Last-Minute Two-Week Ceasefire Agreement
Trump announced Tuesday that he had agreed to "suspend the bombing and attack of Iran for a period of two weeks." He noted the decision is "subject to" Iran agreeing to the complete, immediate and safe opening of the Strait of Hormuz, posting the conditions directly on social media.
The agreement narrowly averted a catastrophic escalation. Earlier, Trump had warned that unless Iran agreed to a deal and reopened the strategic waterway, the "whole civilization will die tonight."
On the Iranian side, Foreign Minister Seyed Abbas Araghchi signaled reciprocal de-escalation, stating that Iran will cease "defensive operations" if attacks against it stop. Araghchi additionally pledged safe passage through the Strait of Hormuz throughout the two-week truce under "coordination" with Iranian armed forces, and confirmed that Iran would enter negotiations with the U.S. in Pakistan's capital Islamabad.
Pakistan, the architect of the ceasefire, formally confirmed the breakthrough on Wednesday. In a post on X, Prime Minister Shehbaz Sharif declared: "I am pleased to announce that the Islamic Republic of Iran and the United States of America, along with their allies, have agreed to an immediate ceasefire everywhere including Lebanon and elsewhere, EFFECTIVE IMMEDIATELY."
Sharif had previously urged Washington to extend Trump's deadline by two weeks, while simultaneously calling on Tehran to reopen the Strait of Hormuz for the same period as a goodwill gesture — a dual appeal that ultimately helped broker the deal.
Justifying the ceasefire from the American side, Trump said, "We have already met and exceeded all Military objectives." He also disclosed that Washington had received a 10-point proposal from Iran, describing it as "a workable basis on which to negotiate."
According to Iranian media, the proposal encompasses a U.S. commitment to halt further acts of aggression, continued Iranian control over the Strait of Hormuz, recognition of Iran's nuclear enrichment rights, and the removal of sanctions, among other terms.
Araghchi cautioned, however, that the pause in hostilities should not be mistaken for a permanent resolution, stressing that the temporary ceasefire does not mean an end to war, with full negotiations on the 10-point proposal still ahead.
Markets and regional governments responded with immediate relief. Global oil prices plunged approximately 15 percent in the wake of the ceasefire announcement, reflecting the scale of tension the agreement has — at least temporarily — defused.
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