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Trump Agrees to Two-Week Iran Ceasefire to Finalize Talks

Trump said the pause will give negotiators two weeks to finalize a broader agreement after Iran agreed to allow safe passage through the strait.

  • On Tuesday, President Donald Trump announced a two-week suspension of military strikes on Iran, contingent on Tehran agreeing to the "COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz" following urgent mediation by Pakistani officials.
  • Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir requested Trump hold back the "destructive force" scheduled for deployment that evening to allow diplomatic efforts to advance. Their intervention triggered the suspension just 90 minutes before the deadline.
  • Trump called Iran's 10-point peace proposal a "workable" basis for negotiation, triggering immediate market relief: Dow futures surged 1,000 points while U.S. crude oil plummeted more than 15% to settle near $95 per barrel from $117.
  • Iranian Foreign Minister Abbas Araghchi confirmed Tehran accepted the pause and would allow safe passage through the Strait of Hormuz for two weeks. The nation's Supreme National Security Council, however, emphasized this does not signify the war's termination.
  • Negotiations are scheduled to begin in Islamabad as the two-week pause unfolds, though the truce remains fragile with both sides maintaining military readiness and offering conflicting accounts of the agreement's terms and scope.
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Lean Left

The plan allows both Iran and Oman to charge fees to ships transiting through the Straits,

·Los Angeles, United States
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Lean Left

The market was waiting for the announcement of the reopening, even partial, of the Strait of Hormuz

·Italy
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9NEWS Denver broke the news in Denver, United States on Tuesday, April 7, 2026.
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