U.S. and Iran Agree to Two-Week Ceasefire Mediated by Pakistan

The United States and Iran have reached an agreement for a two-week ceasefire, mediated by Pakistan, which includes the reopening of the Strait of Hormuz under Iranian coordination during this period ^[1]. Iran’s Supreme National Security Council has accepted the ceasefire but emphasized that it does not mark the end of hostilities, warning that any violations will be met with full force ^[2].

Negotiations between the two nations are scheduled to commence in Islamabad on Friday, April 10, 2026 ^[2]. The ceasefire agreement has led to a significant drop in oil prices, with Brent crude falling by approximately 13% to around $95 per barrel ^[3].

Despite the ceasefire, Israel has stated that it does not apply to its military operations against Hezbollah in Lebanon ^[1]. Pro-government demonstrators in Tehran reacted to the announcement by burning American and Israeli flags and chanting slogans against the U.S., Israel, and those perceived as compromisers ^[1].

What Is Known

The ceasefire agreement was facilitated by Pakistan, with Prime Minister Shehbaz Sharif playing a key role as mediator ^[1]. The reopening of the Strait of Hormuz is a significant aspect of the agreement, impacting global oil markets ^[3]. The negotiations in Islamabad aim to further address the ongoing conflict ^[2].

What Remains Unclear

There are unconfirmed reports regarding additional terms of the ceasefire, such as the lifting of sanctions and control over the Strait of Hormuz, which have not been officially verified ^[4]. Additionally, the scope of the ceasefire concerning the conflict in Lebanon remains disputed, with differing statements from Israel and Pakistan ^[1].