Trump hails 'big day for world peace' after Iran ceasefire

US President Donald Trump has hailed a “big day for world peace”, after Washington and Tehran agreed to a two-week ceasefire, The National reported.

His post on Truth Social came shortly after Israeli Prime Minister Benjamin Netanyahu said Lebanon would not be included in the ceasefire, contradicting Iran's version of the agreement.

“The United States will be helping with the traffic build-up in the Strait of Hormuz. There will be lots of positive action,” Mr Trump wrote. He added that there was “big money” to be made.

“Iran can start the reconstruction process,” he said. “This could be the Golden Age of the Middle East.”