US President Donald Trump announced on April 7 the suspension of the attack, emphasizing that this move "depends on the Islamic Republic of Iran agreeing to open the Hormuz Strait completely, immediately and safely".
Mr. Trump's announcement on Truth Social was made less than 2 hours before the deadline he set for Iran to either reach an agreement including opening the Strait of Hormuz, or face major attacks on the country's civilian infrastructure.
Mr. Trump added that he made the decision "based on dialogues with Prime Minister Shehbaz Sharif and Marshal Asim Munir of Pakistan".
This will be a two-way ceasefire!" - Mr. Trump noted.
Oil prices fell sharply by 16% after this announcement, while US stock futures surged.
The deadline for Iran to open the Strait of Hormuz at 8:00 PM on April 7, US time, was set by Mr. Trump on April 5.
Before Mr. Trump's announcement, on the afternoon of April 7, Pakistani Prime Minister Sharif asked President Trump to extend for another 2 weeks the deadline he set for Iran. The Pakistani leader also asked Iranian leaders to agree to open the strait for 2 weeks "as a gesture of goodwill".
We also call on all warring parties to comply with the ceasefire everywhere for 2 weeks to allow diplomacy to achieve the goal of definitively ending the conflict, for the sake of long-term peace and stability in the region," Mr. Sharif wrote on social network X.
Both the US and Iran consider this development a victory.
In a post announcing the 2-week postponement of the attack, Mr. Trump declared that the US has agreed to temporarily suspend attacks as planned because "we have achieved and overcome all military goals, and are going very far in reaching a long-term peace agreement with Iran, and peace in the Middle East".
“We have received a 10-point proposal from Iran, and believe it is a feasible basis for negotiation,” Trump wrote.
Most of the previous disagreements have been agreed upon by the US and Iran, but 2 weeks will allow the agreement to be finalized and implemented," the US leader added.
Iran's Mehr news agency published a statement from the secretariat of the Supreme National Security Council of the Islamic Republic, stating that "the US, despite all obvious threats, has accepted these principles as the basis for negotiations and has surrendered to the will of the Iranian people".
If the opponent's surrender on the ground becomes a decisive political achievement in the negotiations, we will celebrate this historic victory together; otherwise, we will fight side by side until all the demands of the Iranian nation are met" - the statement emphasized.
