Trump declares two-week ceasefire with Iran and claims Strait of Hormuz will re-open as Tehran submits 10-point peace plan to end the war

By JON MICHAEL RAASCH, US POLITICAL REPORTER Published: 23:40, 7 April 2026 | Updated: 23:58, 7 April 2026 Donald Trump has announced Iran agreed to a two-week ceasefire and that the Strait of Hormuz will be reopened after Tehran submitted a 10-point peace plan.  Trump posted on Truth Social on Tuesday night: 'I agree to suspend the bombing and attack of Iran for a period of two weeks.' The President said that after talks with Pakistani Prime Minister Shehbaz Sharif he had been assured that Iran will agree 'to the complete, immediate, and safe opening of the Strait of Hormuz.' 'This will be a double sided ceasefire,' Trump added. 'The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive agreement concerning long-term peace with Iran.' He noted that a 10-point proposal from Iran 'is a workable basis on which to negotiate,' despite saying on Monday that the deal was not 'good enough.'   Vance, along with Trump's son-in-law Jared Kushner and Special Envoy Steve Witkoff have been leading US negotiations to end the war, dubbed Operation Epic Fury. The last-minute deal comes after Pakistan's Prime Minister Shehbaz Sharif posted on X that major breakthroughs have been made between US and Iranian negotiators. Trump has repeatedly warned he would green-light the 'complete demolition' of the Islamic Republic's critical infrastructure should a deal not be reached by 8:00 pm ET on Tuesday.  The extension is the fourth Trump has offered the Islamic Republic amid the war since he first threatened to 'obliterate' Iran's power plants on March 21.  President Donald Trump has extended the deadline for Iran and the US to negotiate an end to the war after threatening to annihilate the country On Monday, Trump said during a White House press conference that he had received a 10-point plan to end hostilities but that he didn't think it was a good deal  Smoke rises from the site of a US-Israeli strike on the Iranian capital Tehran on April 7, 2026 Shortly after the ceasefire deal was announced, early alerts for incoming missile fire went out in Tel Aviv, Fox News reported. The Republican has been fixated on Iran striking a deal with the US to end its chokehold on the Strait of Hormuz, the strategic waterway off of the country's coast through which a fifth of the world's oil supply travels. Iran has bombed multiple vessels that have made the dangerous decision to transit the strait. As a result, oil prices have skyrocketed and global markets have churned. The average price for a gallon of regular gas has shot up from $2.98 to $4.14, a 39 percent increase.  US crude oil prices plunged after Trump's ceasefire announcement, with West Texas Intermediate contracts falling by more than 10 percent to $98 per barrel after hitting $116 earlier Tuesday.  The US negotiators have demanded that Iran give up its nuclear enrichment capabilities, cut back its drone and ballistic missile programs, cease its support for proxies across the region and immediately reopen the Strait of Hormuz.  The President has stressed repeatedly that the objectives of the war are to ensure Iran cannot create a nuclear weapon, its proxies cannot meddle with Middle Eastern countries, and Iran's Navy, drone and ballistic missile capabilities are destroyed. Iran proposed a 10-point counter-proposal to US negotiators via Pakistani officials on Monday after the US gave Islamabad a 15-point proposal to begin a ceasefire. Trump looks at Pakistan's Prime Minister Shehbaz Sharif speaking following the official signing of the first phase of the Gaza ceasefire agreement between Israel and Hamas, during a world leaders' summit on ending the Gaza war, in Sharm El-Sheikh, Egypt, October 13, 2025 The President refused to comment on the earlier on Tuesday drafted plan, telling Fox News: 'I can't comment, because right now we're in heated negotiations.'  Trump said on Monday at a White House press conference that the 10-point plan was a 'significant step,' but he added that it is 'not good enough.'  Pakistani PM Sharif called on Trump and the Iranian regime to accept the ceasefire before the President eventually did.  'To allow diplomacy to run its course, I earnestly request President Trump to extend the deadline for two weeks. Pakistan, in all sincerity, requests the Iranian brothers to open Strait of Hormuz for a corresponding period of two weeks as a goodwill gesture,' he said. 'We also urge all warring parties to observe a ceasefire everywhere for two weeks to allow diplomacy to achieve conclusive termination of war, in the interest of long-term peace and stability in the region.' Even before the deadline expired, airstrikes had already hit two bridges and a train station. American forces also struck military infrastructure on Kharg Island for the second time, a key hub for Iranian oil production. Israel's military warned of an increased risk of inbound attacks as Trump's deadline approached. Blasts were heard in the Qatari capital Doha, while the UAE said its air defenses were responding to missile threats. The comments below have not been moderated. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. By posting your comment you agree to our house rules. Do you want to automatically post your MailOnline comments to your Facebook Timeline? 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