Trump and Iran agreed to a two-week truce and planned to open the Strait of Hormuz.

Finance International News

spatial-id.com, President Donald Trump. on Tuesday said that he agreed to suspend An attack planned against Iranian infrastructure. For two weeks, he recalled the threat of surprise to immediately order the destruction of the entire Iranian civilization.

That move, more than five weeks after the U.S. and Israel started a war, "depends on the approval of the Islamic Republic of Iran for opening the Strait of Hormuz on the way of LENGCAP, the second, and the AMAN," In Truth Social.

The decision was "based on a conversation with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, from Pakistan," write Trump.

"It will be a two-way truce!" he cried.

Oil price dropped to 16% after the announcement, temporarily US-term stock price It's soaring.

Iran's Foreign Minister Abbas Araghchi said in separate statements that the ships will be able to safely pass the strait during a two-week interval "via coordination with the Iran Armed Forces and considering technical limitations."

Trump's announcement was delivered less than two hours before the deadline he set for Iran to make a deal that covers the opening of the strait. — vital path to global oil transit — Or face massive attacks on his civilian infrastructure.

_ — that Trump set up on Sunday after demanding in the upload of aggressive social media to get Iran to "Open the damn Channel." — has caused panic in the U.S. and around the world.

Trump worsened things dramatically on Tuesday morning, writing in another upload, "The entire civilization will die tonight, and will never be revived."

On Tuesday afternoon, Sharif asked Trump to extend a two-week deadline for Iran. He also asked Iran's leadership to approve the opening of the strait for two weeks "as a gesture of good faith."

"We also urge all sides who are engaged to obey the ceasefire anywhere for two weeks to allow diplomacy to reach a complete end to the war, for the sake of long-term peace and stability in this region," write Sharif in a upload on X.

Both the U.S. and Iran consider that progress a victory.

In his report that announced a two-week delay, Trump claims the U.S. has agreed to stop the planned attack because "we have fulfilled and exceeded all military goals, and have reached a certain agreement regarding long-term peace with Iran, and peace in the Middle East."

"We received a 10-point proposal from Iran, and believed that it was a ground worth negotiating," wrote Trump.

"Almost all points of disagreement in the past have been agreed between the United States and Iran, but a two-week period will allow the treaty to be resolved and fulfilled," the writing.

The Iranian mehr news office then on Tuesday made a statement by the secretary of the National Security Council of the Islamic Republic that states that the U.S. "has accepted the principles - this principle as a basis for negotiation and has surrendered to the will of the Iranian people."

"If the enemy surrender on the battlefield becomes a decisive political achievement in negotiation, we will celebrate this great historic victory together, otherwise we will fight side by side in battle until all Iran's demands are met," so the translation of that statement.

According to that statement, Iran will be negotiating with the U.S. in Islamabad, the capital of Pakistan, for two weeks from the next few days.

Iran's 10-point demand includes the withdrawal of US combat forces from all regional bases, all sanctions, the release of the frozen Iranian assets overseas, and the full payment for the loss of war involved in Iran.

On Monday, Trump said that the ceasefire proposal filed by Iran was "not good enough." It's unclear what happens in the next few hours that makes him accept Iranian proposals as "decent basis" for negotiation.