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President Donald Trump announced a 2-week ceasefire with Iran, brokered by Pakistan's Prime Minister, less than 2 hours before massive military strikes were planned to commence.
Iran agreed to reopen the Strait of Hormuz -- the strategic waterway critical to global oil supply. The deal represents a dramatic de-escalation from weeks of mounting tensions, military buildups, and retaliatory strikes across the Middle East.
However, within hours of the announcement, Iran accused the United States of violating the terms of the ceasefire agreement and threatened to withdraw entirely. Tehran has not specified the exact nature of the alleged violations, but the accusation has already rattled global markets.
Vice President JD Vance will lead negotiations in Islamabad on Saturday, with Pakistan continuing its mediation role. The fragile truce underscores how quickly any progress can unravel in the volatile geopolitical landscape of the Middle East. The international community watches closely.
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