Israel said on Tuesday that it had agreed to a US-brokered ceasefire with Iran, heralding a possible end to almost two weeks of conflict between the regional rivals.
“All of the objectives” of its military offensive had been achieved, Prime Minister Benjamin Netanyahu’s office said in a statement.
Iran’s state television said that Tehran had also agreed to halt attacks.
Iran’s foreign minister Abbas Araghchi said earlier that Tehran would end its military action if Israel stopped its “aggression”.
The confirmation from both sides came hours after US President Donald Trump said that Israel and Iran had agreed to a ceasefire to end what he called the “12 day war”.
“It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE,” Trump posted on Truth Social. He later warned both sides against violating the truce.
The rapid de-escalation followed Tehran’s missile strike late on Monday against the Al Udeid air base near Doha, America’s biggest air base in the Middle East.
Iran said the attack, which caused no casualties, was in response to the US strike against Iran’s nuclear facilities at the weekend.
Oil prices extended their declines following the announcement of the ceasefire, with Brent crude, the international benchmark, down 4.9 per cent to $68.08 a barrel.
Crude had fallen sharply following Iran’s attack on the base in Doha, which traders interpreted as largely a symbolic retaliation, designed to avoid a response from the US.
Israel said that the decision to halt its strikes on Iran was agreed “in full co-ordination with President Trump”.
Netanyahu launched the military campaign against Iran nearly two weeks ago, vowing to eliminate what he said was a threat from Tehran’s missile and nuclear programmes. Iran has maintained its nuclear programme is peaceful.
