The United States and Iran have agreed to a two-week ceasefire after weeks of rising tensions that affected global shipping and energy supplies. The truce was announced by US President Donald Trump on Tuesday, just hours before a deadline he had earlier set.
As part of the agreement, Iran will reopen the Strait of Hormuz, one of the world’s busiest maritime routes through which around one-fifth of global oil supply passes.
The move is expected to ease pressure on the shipping industry, which had been facing serious risks due to the conflict.
Talks to finalise a longer-term peace deal are scheduled to begin in Islamabad, Pakistan. The ceasefire was mediated by Pakistan’s prime minister and military leadership, and both sides are expected to send delegations for further negotiations.
Countries across the world have welcomed the development but have also stressed that the agreement must be followed properly.
China said it supports the ceasefire and confirmed it had been actively involved
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