Trump announces two-week US-Iran ceasefire via Truth Social contingent on Strait of Hormuz reopening

President Trump posted on Truth Social at approximately 6:15 p.m. ET on April 7, 2026, about 90 minutes before his own 8 p.m. deadline, announcing a two-week ceasefire with Iran. The deal required Iran to agree to a complete, immediate, and safe opening of the Strait of Hormuz. Trump called Iran's 10-point peace proposal a "workable basis" for negotiations and said formal talks would follow in Islamabad. No written agreement was published. The announcement triggered a major global market rally and disputes over Lebanon and Hormuz toll terms within hours.