What we know about the US and Iran's ceasefire deal

The US and Iran have agreed to a conditional two-week ceasefire, allowing shipping traffic through the Strait of Hormuz. This ceasefire was announced following coordinated attacks by the US and Israel on Iran. US President Donald Trump stated he would suspend bombings in exchange for the reopening of the strait, while Iran proposed a ten-point plan, including the cessation of wars in several countries and a commitment not to seek nuclear weapons.