Iran formally accepted the two-week ceasefire proposal brokered by Pakistan, just hours after President Donald Trump suspended the planned bombing campaign against the Islamic Republic. Iran’s Supreme National Security Council confirmed that Tehran accepts the truce, while making clear that it does not consider the war to be over and that negotiations will continue over the coming days.

In addition, the Iranian government announced that it will once again allow navigation through the Strait of Hormuz during the two-week period, but under the direct coordination of its armed forces. Iranian Foreign Minister Abbas Araqchi said that the passage of vessels will be permitted “under Iranian management” and that Tehran will halt its attacks if attacks against Iran also stop.

The partial reopening of the Strait of Hormuz represents a key turning point in the crisis. Nearly one-fifth of the world’s oil supply passes through the strategic waterway, whose closure had triggered sharp increases in crude oil prices and fears of a broader regional war.

Iranian officials said that talks with the United States will begin on April 10 in Islamabad, as part of the mediation effort led by Pakistani Prime Minister Shehbaz Sharif and military chief Asim Munir.