Trump declares two-week ceasefire with Iran and claims Strait of Hormuz will re-open

Donald Trump announced Tuesday night that Iran has agreed to a two-week ceasefire and will re-open the Strait of Hormuz, after Tehran submitted a 10-point peace plan to end the war.

Trump posted on Truth Social, ‘I agree to suspend the bombing and attack of Iran for a period of two weeks,’ after earlier sparking doomsday fears when he threatened to wipe out its ‘entire civilization’ if they did not reopen the Strait.

The President said that after talks with Pakistani Prime Minister Shehbaz Sharif he had been assured that Iran will agree ‘to the complete, immediate, and safe opening of the Strait of Hormuz.’

‘This will be a double-sided ceasefire,’ Trump wrote. ‘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 long-term peace with Iran.’

Israel also agreed to halt attacks on Iran for two weeks, a senior White House official told Axios, with the ceasefire taking effect once the Strait of Hormuz is re-opened.

Iran accepted the Pakistan-brokered deal after a last-minute Chinese intervention urged Tehran to show flexibility over the war’s economic fallout, three Iranian officials told the New York Times.

US crude oil prices plunged after Trump’s announcement, with West Texas Intermediate contracts falling by more than 15 percent to $95 per barrel after hitting $116 earlier Tuesday.

Iran’s 10-point plan, published by state-run Tasnim news agency, demands the US accept Tehran’s continued control over the Strait, recognize its right to uranium enrichment, lift all sanctions, pay compensation and withdraw all troops from the region.

Www.diamondfmonline.com |Ghana.