Pakistan, April 8 -- Iran has announced a two-week opening of the Strait of Hormuz for global access following a ceasefire. The move comes after the United States signaled a halt to hostilities and diplomatic progress. The decision affects global trade, energy markets, and regional security dynamics.

Iranian Foreign Minister Abbas Araghchi confirmed the development in a statement approved by the Supreme National Security Council. He thanked Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir for efforts to end the conflict. He said Pakistan played a key role in facilitating dialogue and reducing tensions.

Read more: Shipping activity resume transit through Hormuz after ceasefire

Araghchi stated that Iran accepted negotiatio...