Historic Ceasefire Agreement Between the US and Iran Announced

In a pivotal move, President Trump has declared a two-week ceasefire with Iran, pausing military actions and allowing both Iran and Oman to charge fees for ships in the Strait of Hormuz. This agreement comes amid ongoing tensions in the region, with Iran proposing a peace plan to end the conflict initiated by the US and Israel. As negotiations are set to begin in Islamabad, the implications of this ceasefire could reshape the geopolitical landscape of the Middle East and the global oil trade. Despite the ceasefire, missile alerts continue to echo across several nations, highlighting the fragile nature of this diplomatic breakthrough.

By Narendra Chaudhary Apr 8, 2026, 07:44 IST

Major Development in US-Iran Relations

In a significant diplomatic achievement, President Donald Trump has declared a two-week ceasefire with Iran, effectively pausing all military actions against the nation. This ceasefire arrangement includes provisions for both Iran and Oman to impose fees on vessels passing through the Strait of Hormuz, a crucial maritime route located in the territorial waters of both countries, as reported by a regional official. The revenue generated by Iran is intended for reconstruction efforts, although the purpose of Oman's earnings remains unclear, given that this passage has traditionally been regarded as an international waterway without tolls.

Details of the Ceasefire Agreement

US, Israel, and Iran Reach Temporary Truce

Trump indicated that he would refrain from executing his planned strikes on Iranian infrastructure, including bridges and power facilities, contingent upon Iran's acceptance of the ceasefire and the reopening of the Strait of Hormuz, through which a significant portion of global oil is transported during peaceful times. Additionally, Iran has put forth a 'workable' 10-point peace proposal aimed at resolving the conflict initiated by the US and Israel earlier this year.

The Supreme National Security Council of Iran confirmed its agreement to the ceasefire and announced negotiations with the US would commence in Islamabad on Friday. Iranian Foreign Minister Abbas Araghchi stated that transit through the strait would be managed by Iranian military forces for the duration of the ceasefire, although it remains uncertain if this implies a relaxation of Iran's control over the waterway.

On his social media platform, Trump reiterated that he would suspend military actions against Iran for two weeks, provided Tehran agrees to the 'COMPLETE, IMMEDIATE, and SAFE OPENING' of the strait. Iran's conditions for concluding the conflict include regaining control over the strait, the withdrawal of US troops from the area, lifting economic sanctions, and the release of its frozen assets. These demands suggest a desire to reshape the geopolitical landscape in the Middle East and influence the global oil market.

Despite the announcement of the ceasefire, missile alerts were still reported in the United Arab Emirates, Israel, Saudi Arabia, Bahrain, and Kuwait early Wednesday, indicating ongoing tensions amid these diplomatic efforts. While the US military has ceased offensive operations against Iran, it continues to conduct defensive measures, according to an official who requested anonymity due to the sensitive nature of military operations.

(With agency inputs)