politics

April 10, 2026

US and Iran agree to two‑week ceasefire, reopening Strait of Hormuz

The US and Iran have declared victory after agreeing to a two‑week ceasefire after Pakistan‑mediated talks. The deal hinges on Tehran reopening the Strait of Hormuz. Israel has continued to bomb Lebanon.

US and Iran agree to two‑week ceasefire, reopening Strait of Hormuz

TL;DR

  • A two-week ceasefire between the US and Iran has been announced, brokered by Pakistan.
  • Negotiations will be based on a 10-point Iranian proposal, which includes non-aggression, continuation of Iran's control over the Strait of Hormuz, acceptance of uranium enrichment, lifting sanctions, and withdrawal of US forces.
  • President Trump stated Iran would no longer be allowed to enrich uranium, while Iran confirmed acceptance of the ceasefire and negotiations starting April 10.
  • Israel has not been part of the ceasefire discussions and continues operations in Lebanon, where over 1,500 have died.
  • Despite the ceasefire, attacks have continued, including Israeli strikes on Lebanon, explosions at an Iranian refinery, and drone attacks on Gulf states.
  • Financial markets reacted positively, with oil futures falling and stock markets surging.
  • Russia has welcomed the ceasefire and supports the decision to avoid armed escalation.
  • Negotiations are set to begin in Islamabad on April 10, with a two-week window for diplomacy, but the outcome remains uncertain.

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