US, Iran Agree to 2-Week Ceasefire; Talks Set for Islamabad on Friday

• President Donald Trump announced a two-week ceasefire with Iran, proposed by Pakistan, just before his deadline to wipe out civilization from the West Asian nation.
• The announcement was made on Truth Social, following conversations with Pakistan's Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
• The ceasefire is contingent on Iran agreeing to the complete, immediate, and safe opening of the Strait of Hormuz.
• Iran's Supreme National Security Council accepted the ceasefire and confirmed negotiations with the US will begin in Islamabad on Friday.
• Trump stated the US has received a 10-point proposal from Iran, which he believes is a workable basis for a larger agreement to end the war.

Key Questions Answered

What are the key points in Iran's 10-point proposal?

Iran's 10-point proposal includes a commitment to non-aggression, Iran's control over the Strait of Hormuz, acceptance of its uranium enrichment program, lifting of all primary and seco

How will the Strait of Hormuz opening impact global trade?

The opening of the Strait of Hormuz is crucial for stabilizing global oil and LPG supplies, as its disruption has led to price surges and potential months-long recovery periods.