Donald Trump has announced he will suspend his threatened action against Iran if Tehran opens the Strait of Hormuz immediately.
The US president said he had received a "workable" 10-point proposal from Iran and had agreed a two-week ceasefire.
Iran has not responded to the announcement.
Trump had warned he would attack Iran if the Strait was not opened by 1am Wednesday UK BST.
Live updates: https://news.sky.com/story/iran-war-latest-trump-tehran-us-israel-kharg-island-netanyahu-lebanon-strikes-drone-live-sky-news-13509565
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