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The president Donald Trump celebrated on Wednesday on Truth Social the bilateral ceasefire achieved with Iran,
"A great day for world peace. Iran wants it, they have had enough. Just like everyone else," Trump wrote on his social media, adding that Iran can start its reconstruction process and that Washington will send supplies of all kinds to ensure that the process proceeds smoothly.
The announcement comes a day after Trump published, on Tuesday, the two-week formal ceasefire agreement, contingent on the "full, immediate, and safe opening of the Strait of Hormuz" by Iran.
"This will be a bilateral ceasefire," Trump stated in that message, in which he also claimed to have "met and exceeded all military objectives" and to be "very advanced in a definitive agreement for long-term peace with Iran."
The leader described the Iranian ten-point proposal as a viable basis for negotiation and almost all the points of restraint have been agreed upon by both countries.
The conflict originated on February 28, 2026 with the launch of Operation Epic Fury, a joint offensive by the United States and Israel that targeted over 5,000 Iranian sites, destroyed nuclear facilities in Natanz, Isfahan, and Fordow, and degraded 90% of Iran's missile capabilities.
In response, Iran closed the Strait of Hormuz on March 4, 2026 with mines, drones, and missiles, collapsing 97% of naval traffic, stranding 2,000 ships and 20,000 sailors, and blocking 20% of the world’s oil and liquefied natural gas.
The closure caused the price of Brent crude to rise from 67 to over 126 dollars per barrel. The reopening of the strait and the announcement of the ceasefire triggered a 13% drop in the price of Brent, which fell to 94.74 dollars this Wednesday.
The negotiations were mediated by Pakistan, with participation from Prime Minister Shehbaz Sharif and Marshal Asim Munir. Formal talks are scheduled for April 10 in Islamabad, with Mohammad Bagher Ghalibaf leading the Iranian delegation and Vice President JD Vance heading the American side.
The Iranian ten-point plan includes the commitment not to build nuclear weapons, the lifting of all sanctions, compensation for war damages, and the right to enrich uranium.
The spokesperson for the White House, Karoline Leavitt, warned, however, that "nothing is definitive until the president announces it" or the White House, emphasizing the provisional nature of the agreement.
International leaders reacted positively: the President of the European Commission, Ursula von der Leyen, called for lasting solutions; French President Emmanuel Macron considered it a step towards reducing tensions; and the head of European diplomacy, Kaja Kallas, urged for the strait to remain open.
The ceasefire is valid for two weeks, during which both parties must reach a final agreement to end more than five weeks of conflict with global economic consequences.
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