Trump Announces Two-Week Ceasefire with Iran

On a late night announcement, U.S. President Donald Trump agreed to a two-week ceasefire with Iran, allowing for the immediate reopening of the Strait of Hormuz.

This decision came after conversations with Pakistan's leadership and marks a significant step back from Trump's previous threats of military action against Iran. Trump stated that the ceasefire would enable negotiations for a broader peace agreement, as he had already met military objectives.

Iran's Foreign Minister Abba Araghchi confirmed the acceptance of the ceasefire, expressing gratitude to Pakistani Prime Minister Sharif for his efforts in facilitating the negotiations. The ceasefire will allow for safe passage through the Strait of Hormuz, a critical waterway for global oil supply, and will pause military operations by Iran.

This development underscores a shift in Trump's approach, reflecting pressures from declining public support for military action and rising fuel prices ahead of midterm elections.