Donald Trump has announced Iran agreed to a two-week ceasefire and that the Strait of Hormuz will be reopened after Tehran submitted a 10-point peace plan.
‘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 wrote on Truth Social.
‘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.’
He noted that a 10-point proposal from Iran ‘is a workable basis on which to negotiate,’ despite saying on Monday that the deal was not ‘good enough.’
Vance, along with Trump’s son-in-law Jared Kushner and Special Envoy Steve Witkoff have been leading US negotiations to end the war, dubbed Operation Epic Fury.
The last-minute deal comes after Pakistan’s Prime Minister Shehbaz Shariff posted on X that major breakthroughs have been made between US and Iranian negotiators.
Trump has repeatedly warned he would green-light the ‘complete demolition’ of the Islamic Republic’s critical infrastructure should a deal not be reached by 8:00 pm ET on Tuesday.
The extension is the fourth Trump has offered the Islamic Republic amid the war.
President Donald Trump has extended the deadline for Iran and the US to negotiate an end to the war after threatening to annihilate the country
On Monday, Trump said during a White House press conference that he had received a 10-point plan to end hostilities but that he didn’t think it was a good deal
Smoke rises from the site of a US-Israeli strike on the Iranian capital Tehran on April 7, 2026
The Republican has been fixated on Iran striking a deal with the US to end its chokehold on the Strait of Hormuz, the strategic waterway off of the country’s coast through which a fifth of the world’s oil supply travels.
Iran has bombed multiple vessels that have made the dangerous decision to transit the strait. As a result, oil prices have skyrocketed and global markets have churned.
The average price for a gallon of regular gas has shot up from $2.98 to $4.14, a 39 percent increase.
The US negotiators have demanded that Iran give up its nuclear enrichment capabilities, cut back its drone and ballistic missile programs, cease its support for proxies across the region and immediately reopen the Strait of Hormuz.
The President has stressed repeatedly that the objectives of the war are to ensure Iran cannot create a nuclear weapon, its proxies cannot meddle with Middle Eastern countries, and Iran’s Navy, drone and ballistic missile capabilities are destroyed.
Iran proposed a 10-point counter-proposal to US negotiators via Pakistani officials on Monday after the US gave Islamabad a 15-point proposal to begin a ceasefire.
The new Iranian counter-proposal does not demand a ceasefire but calls for an end to all hostilities.
Trump said on Monday at a White House press conference that the 10-point plan was a ‘significant step,’ but he added that it is ‘not good enough.’
US forces struck at least 50 military targets on Iran’s precious Kharg Island on Tuesday amid the fraught negotiations.
The island is valuable to the Islamic Republic because it handles approximately 90 percent of the nation’s crude oil exports and remains a critical monetary lifeline for the country’s crippled economy.
