On Tuesday, President Donald Trump announced a two-week ceasefire with Iran, pausing US and Israeli bombing campaigns that had been ongoing since February 28. This decision follows a 10-point peace proposal from Tehran, which Trump described as a workable basis for negotiations. The ceasefire is contingent upon Iran's commitment to the complete, immediate, and safe opening of the Strait of Hormuz, a critical waterway for global oil transport. Trump's remarks came after warnings of severe consequences if a deal was not reached. Notably, Pakistan's Prime Minister Shehbaz Sharif and Field Marshal Asim Munir played a crucial role in mediating the discussions, urging Trump to refrain from military action. The two-week period aims to solidify agreements on various contentious issues between the US and Iran, with Trump asserting that military objectives have largely been achieved.