Donald Trump pauses threat to bomb Iranian infrastructure as Tehran proposes 10-point plan which includes control of strait of Hormuz and withdrawal of all US forces

The peace plan involves a two-tier approach with an immediate ceasefire, a source aware of the proposals said on Monday

Mediators want both sides to agree to suspend hostilities but Tehran warns peace talks ‘incompatible with threats’

"This will be a double sided CEASEFIRE!" Trump said.