The Latest: Trump pulls back on threats as US, Israel and Iran reach a 2-week ceasefire deal

Iran, the United States and Israel said they reached a deal for a two-week ceasefire war, with Tehran saying it would negotiate with the United States in Islamabad beginning Friday.

Trump initially said Iran proposed a "workable" 10-point plan, but he later called the plan fraudulent without elaborating.

Trump's threats to launch devastating strikes on Iran hit a new extreme hours before the ceasefire when he warned, "A whole civilization will die tonight, never to be brought back again," if Iran failed to make a deal that included reopening the vital Strait of Hormuz.

In a statement Wednesday morning, Israeli Prime Minister Benjamin Netanyahu's office said it supports Trump's decision to suspend strikes against Iran for two weeks, but that it doesn't include the war with Hezbollah in Lebanon, where more than 1,500 people have been killed.

Here is the latest:

Trump in a social media post declared the ceasefire agreement a "big day for World Peace" and that the U.S. "will be helping with the traffic buildup in the Strait of Hormuz."

"There will be lots of positive action!" Trump predicted in his post.

"Big money will be made. Iran can start the reconstruction process. We'll be loading up with supplies of all kinds, and just 'hangin' around' in order to make sure that everything goes well. I feel confident that it will."

Trump's message on his Truth Social website signals Washington's concern about Iran maintaining its chokehold over the narrow mouth of the Persian Gulf, through which 20% of all oil and natural gas passes in peace time.

Bahrain sounded its missile alert sirens Wednesday morning, hours after the U.S. and Iran say they reached a two-week ceasefire in the war for negotiations.

Bahrain's Interior Ministry announced the warning.

It wasn't immediately clear from the ceasefire when it would begin.

Iran has fired missiles on the Gulf Arab states and Israel after the announcement.