U.S. President Donald Trump announced a two-week suspension of planned attacks on Iran, a move welcomed by Iran’s Supreme National Security Council. The decision came shortly before the deadline for a potential strike, with Trump posting on Truth Social that the pause would last 15 days. The ceasefire, also supported by Israel, led to a 10 percent drop in global oil prices.

The temporary truce followed Pakistan’s mediation, including an 11-hour proposal from Prime Minister Shehbaz Sharif and Iran’s 10-point counteroffer. Both the United States and Iran agreed to meet in Islamabad within two weeks to discuss a permanent ceasefire. Iran’s Mehr News Agency confirmed that Supreme Leader Ayatollah Mojtaba Khamenei approved the agreement, describing it as a moral victory for Iran.

Trump conditioned the ceasefire on Iran immediately reopening the Strait of Hormuz for international shipping. Pakistan’s leadership played a key role in brokering the deal, and further diplomatic talks are planned in Islamabad to pursue a lasting peace accord.