Iran accepts Pakistan's two-week ceasefire proposal and cease-fire was approved by the new Supreme Leader, according to NYT

Iran's acceptance of Pakistan's ceasefire proposal marks a significant diplomatic development that could ease tensions in the region.

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Iran says negotiations with the US will be held in Islamabad to finalise details, with the aim of confirming Iran's battlefield achievements politically within maximum of 15 days, with talks to begin April 10th and may be extended if both sides agree

White House official says Iran ceasefire takes effect once the Strait of Hormuz is reopened

Iran accepts Pakistan's two-week ceasefire proposal and cease-fire was approved by the new Supreme Leader, according to NYT

Iranian TV says US acceptance of truce is Trump's 'consistent retreat'

Senior White House official says Israel is part of the 2-week ceasefire, according to CNN

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Context

This agreement is likely to stabilize energy markets, particularly WTI, as reduced geopolitical risk can lead to a more predictable supply environment. Traders should monitor how this may affect oil prices and regional dynamics in the near term.

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