U.S., Iran, and Israel signal temporary halt to hostilities amid global energy fears, rising casualties, and high-stakes diplomacy mediated by Pakistan
DUBAI/WASHINGTON | Donald Trump announced Tuesday that the United States has agreed to a two-week ceasefire with Iran, marking a dramatic de-escalation in a rapidly intensifying regional conflict that has threatened global energy security and drawn in multiple nations.
The agreement — brokered with mediation from Pakistan — comes just hours after Washington issued a stark ultimatum demanding that Tehran reopen the Strait of Hormuz or face widespread attacks on critical infrastructure.
The strait, a vital maritime corridor handling roughly 20% of global oil shipments, has been at the center of escalating tensions, with disruptions already triggering spikes in global energy markets and raising fears of a broader economic downturn.
Ceasefire Framework and Conditions
According to U.S. officials, the ceasefire is contingent upon Iran halting its blockade of oil and gas transit through the strait, while both sides pause offensive operations. Trump described the agreement as a “double-sided ceasefire,” claiming U.S. military objectives had already been achieved and that negotiations toward a long-term peace framework were underway.

