US President Donald Trump stated on Wednesday that the United States will assist in managing the growing traffic in the Strait of Hormuz, adding that “big money will be made.” His remarks came shortly after announcing a ceasefire between the US and Iran.
The two countries agreed to a two-week ceasefire on Tuesday, just before Trump’s deadline for potential military action expired. As part of the agreement, Iran will temporarily reopen the Strait of Hormuz. The White House confirmed that Israel also agreed to the ceasefire, following diplomatic discussions, including talks involving Pakistan’s leadership.
Iran has described the ceasefire as a success and plans to begin talks with the United States on Friday in Pakistan to work toward a lasting resolution. Pakistan’s Prime Minister Shehbaz Sharif said his country would host both sides for negotiations aimed at reaching a final agreement.
Meanwhile, Iran’s Supreme Leader Mojtaba Khamenei ordered military forces to halt operations after the ceasefire, though he noted the conflict is not over. In a statement broadcast on state media, he instructed all military units to cease fire in line with the agreement.
Separately, the Iran-backed Islamic Resistance in Iraq announced a two-week suspension of its operations in Iraq and surrounding areas, aligning with the temporary truce between the United States and Iran.
