Iran has accepted a conditional two-week ceasefire with the United States, contingent on the immediate reopening of the Strait of Hormuz for international shipping. The Supreme National Security Council confirmed the decision on Wednesday, stating that defensive operations would pause only if attacks on Iran ceased. The council warned that the truce does not mark the end of hostilities, declaring, "Our hands remain upon the trigger, and should the slightest error be committed by the enemy, it shall be met with full force." Foreign Minister Abbas Araghchi said safe passage through the Strait would be coordinated with Iran's Armed Forces, with "due consideration of technical limitations," and that Iran and Oman would charge transit fees during the period.
The council claimed the U.S. had agreed to the framework of Iran's ten-point proposal, which includes demands for non-aggression guarantees, removal of all sanctions, compensation for war damages, U.S. troop withdrawal from the region, continued Iranian control over the Strait, and recognition of Iran's uranium enrichment. Negotiations based on the plan are set to begin Friday, April 10, 2026, in Islamabad under Pakistani mediation, with Prime Minister Shehbaz Sharif hosting both delegations. Despite official celebrations, missile launches from Iran toward Israel and Gulf states occurred after the 8 p.m. ET ceasefire start. Israeli Prime Minister Benjamin Netanyahu affirmed Israel's support for the U.S.-Iran truce but noted it does not apply to Israel's ongoing conflict with Hezbollah in Lebanon.
The timing of missile launches after the ceasefire took effect undermines Iran's claim of a decisive diplomatic win. Abbas Araghchi's announcement of controlled passage through the Strait of Hormuz suggests Iran now treats the waterway as a lever for financial and strategic gain. For Nigeria, any disruption to global oil shipping—even temporary—can affect fuel supply chains and market stability. A fragile truce in a critical chokepoint means energy-dependent economies remain vulnerable to distant conflicts.