ERBIL, Kurdistan Region of Iraq – US President Donald Trump said Monday that he accepted a Pakistani proposal for a two-sided ceasefire for two weeks, contingent Iran immediately opens the Strait of Hormuz. The announcemend was confirmed by the Iranian side shortly after.

“Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump said in a post on Truth Social less than an hour and a half before his ultimatum deadline for Tehran.

“This will be a double sided CEASEFIRE! The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East,” the US president added.

 
Shortly after Trump's Truth Social post, Iranian Foreign Minister Abbas Araghchi announced "on behalf of" Iran's National Security Council, that if attacks against Iran are halted "our Powerful Armed Forces will cease their defensive operations."

"For a period of two weeks, safe passage through the Strait of Hormuz will be possible via coordination with Iran's Armed Forces and with due consideration of technical limitations," Araghchi wrote in an X post that was later also reposted by the American president on Truth Social.

Iran’s Supreme National Security Council also followed Trump’s post minutes later with a statement, announcing that negotiations will resume on Friday in Islamabad. “This is to ensure that within a maximum of 15 days, the victory achieved by Iran on the field will be consolidated in political negotiation,” the council said.

The security council said that “while rejecting” all US proposals, Iran submitted a 10-points proposal to the American side via Pakistan, that includes controlled passage through the Strait of Hormuz, ending war on all pro-Iran Axis of Resistance, withdrawal of US forces in the region, retribution to Iran's damages, and removal of sanctions.

Trump said that they had received  “a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate.”

“Almost all of the various points of past contention have been agreed to between the United States and Iran, but a two week period will allow the Agreement to be finalized and consummated,” The US president said in his Truth Social announcement.

Israel has also agreed to suspend attacks on Iran for a period of two weeks, Israel’s Channel 12 reported, citing a White House official.

The truce comes after Trump warned to carry out extensive strikes on key Iranian infrastructure on Tuesday at 8 PM ET, if maritime traffic at the vital Strait of Hormuz remained restricted.

The deadline was an extension of a previous warning on Saturday to strike Iran “in two days,” should Iranian authorities fail to strike a deal with Washington or reopen the Strait of Hormuz.

The war had for over a month struck the Middle East, with broader economic affects on world markets. Gulf countries have come under constant Iranian attacks, while Iraq came under attack from all parties of the war, including Iraqi militias loyal to Iran.

Update: Iran's side added at 2:54 am.