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Pakistan Prime Minister Shehbaz Sharif had asked Trump for a two-week delay of his Iran deadline, and for the Strait of Hormuz to open for the same period.
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President Donald Trump agreed to the ceasefire with Iran after discussions with Pakistan Prime Minister Shehbaz Sharif.
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Crude prices tumbled by as much as 15% on the conditional pause but is higher than before the war.
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President Trump has announced a two-week ceasefire with Iran, contingent on their opening of the Strait of Hormuz. In an earlier online post, he had threatened "a whole civilization will die tonight."
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