TEMPO.CO, Jakarta - A fragile pause in hostilities emerged on Tuesday evening as the United States and Iran agreed to a two-week conditional ceasefire, following a last-minute diplomatic push led by Pakistan.
At 06:32 p.m. Washington time, Trump announced on his social media platform that both sides were “very far along” in reaching what he described as a “definitive” peace agreement.
If upheld, the ceasefire between Iran and the United States is expected to open a narrow two-week window for diplomacy, with delegations from both sides scheduled to meet in Islamabad on Friday, as per CNBC.
The temporary truce was finalized just moments before the United States was expected to proceed with large-scale attacks if no agreement had been reached. The decision followed Iran's submission of what Trump described as a “workable” 10-point proposal, offering a potential pathway toward de-escalation, CNA reported.
In a statement posted online, President Donald Trump said the suspension of military action would depend on Iran agreeing to the “complete, immediate, and safe opening” of the Strait of Hormuz.
Shortly after the announcement, Iran’s Foreign Minister Abbas Araghchi confirmed that Tehran had accepted the terms. He stated that, for the duration of the two-week period, safe passage through the Strait of Hormuz would be ensured in coordination with Iran’s Armed Forces.
According to The Guardian, President Donald Trump expressed confidence that ongoing negotiations could lead to a formal agreement, citing a 10-point proposal put forward by Tehran as the basis for talks.
The announcement of a potential ceasefire between Iran and the United States sparked a strong rally across global financial markets. Investors grew increasingly optimistic that a crisis which had unsettled the global economy for more than a month could soon move toward resolution.
Equity markets across Asia posted strong gains, with Seoul and Tokyo surging more than five percent, while Taipei rose by nearly four percent. Stocks in Sydney and Hong Kong also advanced by over two percent, joined by solid increases in Shanghai, Singapore, and Wellington.
Safe-haven assets and alternative investments also climbed in tandem. Gold gained roughly five percent, recovering as expectations around inflation and interest rates shifted, while Bitcoin moved higher alongside improving market sentiment.
Read: Iran War: Trump Announces Two-Week Ceasefire
Click here to get the latest news updates from Tempo on Google News
Indonesia Welcomes US-Iran Ceasefire, Strait of Hormuz Reopening
50 menit lalu
Indonesia will also continue to support constructive diplomatic efforts aimed at reaching a more permanent resolution to the conflict.
Oil Slides Below $100 After Trump Announces Two-Week Ceasefire
2 jam lalu
Oil prices plunged Tuesday evening after President Trump announced a conditional twoweek ceasefire with Iran tied to safe passage through Hormuz.
UN Chief Welcomes Two-Week Ceasefire Between Iran, US
2 jam lalu
Trump earlier announced his agreement to suspend bombings and attacks on Iran for two weeks.
US-Iran Peace Talks to Begin Friday in Pakistan, Says Tehran
3 jam lalu
Iran will begin a two-week negotiation period to end the war with the United States in Islamabad, Pakistan, starting Friday, April 10, 2026
Ceasefire Reached with US: What Is in Iran's 10-Point Peace Plan?
3 jam lalu
Iran confirmed a ceasefire agreement with the United States on Tuesday night Washington time. It outlined a 10-point peace plan.
Rupiah Strengthens Following US-Iran Temporary Ceasefire
4 jam lalu
Indonesia's rupiah exchange rate strengthened 120 points, or 0.70 percent, to Rp16,985 per US dollar on Wednesday morning, due to US-Iran ceasefire.
Israel Continues Strikes in Iran Despite Ceasefire Deal
6 jam lalu
The Israeli Air Force continues to carry out attacks in Iran despite US President Donald Trump and Iran agreeing to a ceasefire for two weeks
Israel Joins US-Brokered Ceasefire with Iran, White House Says
6 jam lalu
An official at the White House said that Israel has become part of a two-week ceasefire with Iran announced by US President Donald Trump
Iran War: Trump Announces Two-Week Ceasefire
7 jam lalu
US President Trump has pulled back from threats to annihilate Iran and agreed to a two-week ceasefire after receiving a 10-point proposal from Tehran.
Iran Says Response Prepared for US' 15-Point Ceasefire Proposal
22 jam lalu
Iran said the details of the response to the ceasefire plan will be disclosed when appropriate.
