US and Iran Agree to Two-Week Ceasefire Deal

Strait of Hormuz to Reopen as Talks Begin in Pakistan

Key Points:

• US and Iran agree to two-week ceasefire deal
• Strait of Hormuz to reopen under strict conditions
• Peace talks scheduled in Pakistan amid tensions

WORLD DESK – The United States and Iran agreed to a temporary ceasefire and reopening of the Strait of Hormuz ahead of planned negotiations.

The agreement came shortly before a deadline set by :contentReference[oaicite:0]{index=0}. However, the ultimatum had threatened severe military action.

The ceasefire follows weeks of US and Israeli strikes on Iran. Meanwhile, Tehran confirmed talks will begin soon.

Negotiations are scheduled to start Friday in :contentReference[oaicite:1]{index=1}. Moreover, officials described Pakistan as a key mediator in the conflict.

The deal includes reopening the :contentReference[oaicite:2]{index=2}. However, the reopening is limited to a two-week period.

This passage is critical for global oil transport. Meanwhile, it previously handled nearly one-fifth of crude shipments.

Trump described the agreement as a complete victory. Moreover, he claimed external pressure pushed Iran to negotiate.

He stated the ceasefire would be reciprocal between both sides. Meanwhile, US officials believe military goals have been achieved.

Iran confirmed conditional acceptance of the deal. Moreover, Foreign Minister :contentReference[oaicite:3]{index=3} outlined the terms publicly.

Iran agreed to reopen the strait if attacks stop. However, it clarified the war has not formally ended.

Officials said talks could extend beyond two weeks. Meanwhile, further progress depends on negotiation outcomes.

Israel expressed support for suspending strikes against Iran. However, it noted the truce excludes Lebanon.

This contradicted earlier remarks by :contentReference[oaicite:4]{index=4}. He had indicated a broader ceasefire scope.

Global markets reacted positively to the announcement. Meanwhile, oil prices dropped sharply following the news.

Asian stock markets also surged after the development. Moreover, investor confidence improved amid easing tensions.