Sharif later said in a post on X he had invited Iranian and U.S. delegations to meet in Islamabad on Friday.
The eleventh-hour deal was subject to Iran’s agreement to pause its blockade of oil and gas supplies through the strait, Trump said. The waterway typically handles about one-fifth of global oil shipments.
Iran’s foreign minister, Abbas Araghchi, said in a statement Tehran would cease counterattacks and provide safe passage through the waterway, if attacks against it stop.
Israel supported the decision to suspend strikes on Iran for the two-week period, Prime Minister Benjamin Netanyahu’s office said. The ceasefire does not apply to Lebanon, it added, in an apparent contradiction to comments from Sharif, who had said the agreement included a cessation of Israel’s campaign in Lebanon.
“This will be a double sided CEASEFIRE!” Trump wrote on his Truth Social platform. “The reason for doing so is that we have already met and exceeded all Military objectives, and are very far along with a definitive Agreement concerning Longterm PEACE with Iran, and PEACE in the Middle East.”
Iran’s Supreme National Security Council portrayed the deal as a victory over the U.S., claiming Trump had accepted Iran’s conditions for ending hostilities.
“Total and complete victory. 100%. No question about it,” Trump said when asked if he was claiming victory with the ceasefire.