Tehran/Washington: In a dramatic late-night reversal, US President Donald Trump stepped back from the threat of launching devastating strikes on Iran, opting instead for a two-week ceasefire just hours before his own deadline for escalation expired. The abrupt pivot marks a critical turning point in a 40-day conflict that had pushed the regionāand global energy marketsāto the edge.
Until Tuesday evening, Trump had warned of imminent attacks on Iranian infrastructure, including bridges and power plantsātargets that critics argued could have caused significant civilian harm amounting to war crimes. However, less than two hours before the deadline, the US president announced he would hold offāconditional on Iran agreeing to a temporary ceasefire and reopening the strategically vital Strait of Hormuz.
The narrow waterway, through which roughly one-fifth of global oil supply passes during peacetime, had become a central flashpoint in the conflict.
Trump stated that Iran had presented a āworkableā 10-point peace proposal and that āalmost all points of past contentionā had been resolved, pending final negotiations during the two-week pause.
Iran Declares āHistoric Victoryā
In stark contrast to Washingtonās cautious tone, Tehran declared outright victory.
In a statement issued by Iranās Supreme National Security Council, the country claimed it had delivered a āhistoric and crushing defeatā to both the United States and Israel, asserting that Washington had been forced to accept Iranās core demands.
Iranian officials framed the ceasefire not as a compromise, but as a submission by their adversaries. The statement emphasised that the US now saw āno way forward but to submit to the will of the great nation of Iran.ā
Iranās Foreign Minister, Abbas Araghchi, confirmed that Tehran would allow passage through the Strait of Hormuz during the ceasefireābut under Iranian military coordination, reinforcing its claim of strategic control over the waterway.
The 10-Point Plan: A Geopolitical Shift
At the heart of the emerging agreement is Iranās sweeping 10-point proposal, whichāif fully implementedāwould significantly reshape the regional balance of power. The plan includes:
- A permanent ceasefire and end to hostilities
- Continued Iranian control and supervision over the Strait of Hormuz
- Full lifting of US primary and secondary sanctions
- Acceptance of Iranās nuclear enrichment program
- Withdrawal of US combat forces from the Middle East
- Cancellation of UN and IAEA resolutions against Iran
- Release of frozen Iranian assets abroad
- Payment of war compensation to Iran
- Formal UN Security Council endorsement of the agreement
- Transformation of the deal into binding international law
The scope of these demands signals not just an end to the conflict, but a broader attempt by Tehran to redefine geopolitical and economic dynamics in the region.
War Origins and Escalation
The war began on February 28 with joint US-Israeli strikes that Iran says included the assassination of its Supreme Leader, Sayyed Ali Khamenei, along with senior military commanders. Washington and Tel Aviv had justified their actions by citing Iranās nuclear programme and regional influence.
Over the following weeks, both sides exchanged escalating threats, with Trump repeatedly settingāand then extendingādeadlines for Iranian capitulation.
Mediation and Diplomatic Pressure
The latest breakthrough came after intense diplomatic engagement, particularly involving Pakistan. Prime Minister Shehbaz Sharif publicly urged Trump to extend his deadline, while Pakistanās army chief, Asim Munir, reportedly played a key role in backchannel discussions.
Trump acknowledged that his decision was influenced by these conversations, signalling a shift from coercive pressure to negotiated compromise.
Israelās Uneasy Acceptance
Israel has reportedly agreed to the ceasefire terms, but not without internal dissent. Prime Minister Benjamin Netanyahu is said to be deeply dissatisfied, with sources indicating that Israel had hoped to extract greater concessions from Iran.
Netanyahu, long sceptical of ceasefire arrangements, had previously pushed for a more aggressive strategy and was believed to have influenced earlier escalations.
Fragile Peace, Lingering Tensions
Despite the ceasefire, Iran has made it clear that the war is not truly over. In a warning-laden statement, Tehran emphasised that its āhands remain upon the triggerā and that any misstep by the US or Israel would be met with force.
Meanwhile, Iran continues to retain its stockpile of highly enriched uraniumāone of the original triggers for the conflictāleaving a major issue unresolved.
A Shift in Global Power Dynamics
Analysts suggest the outcome could have lasting implications for US foreign policy.
Trita Parsi of the Washington-based Quincy Institute noted that the conflict may have weakened the credibility of US military threats in future negotiations with Iran.
Essentially, war with Iran was tried and failed.
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