Pakistan, April 8 -- Iran has announced that it will open the strategic Strait of Hormuz to all countries for a period of two weeks following a ceasefire understanding with the United States, signaling a significant step toward easing regional tensions.

Read More: Oman, Iran discuss smooth transit in Strait of Hormuz, Muscat says

Iranian Foreign Minister Abbas Araghchi said the decision was approved by Iran's Supreme National Security Council after the announcement of a ceasefire by US President Donald Trump. The move is being seen as a confidence-building measure aimed at stabilizing the region and ensuring the uninterrupted flow of global energy supplies.

In his statement, Araghchi expressed gratitude to Prime Minister Shehbaz Sharif...