Pakistan, which has been negotiating peace talks between the US and Iran, says a deal to end the war has been agreed. Follow live.

Oil prices have surged as shipping in the Strait of Hormuz has been cut off.

The proposed agreement is emerging as an armistice plus framework essentially prepared to stop escalation, reopen the Strait of Hormuz and create a structured negotiating process…

In a social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.

US-Iran peace deal announced with 'permanent' end to military action