President Trump said he's extending the ceasefire until Iran has submitted a proposal in talks with the U.S. "and discussions are concluded."

The announcement came as talks set to take place between U.S. and Iranian delegations in Pakistani were postponed amid uncertainty about the broad strokes of a deal.

Trump is extending a ceasefire with Iran at Pakistan’s request. The announcement came as a two-week truce was set to expire Wednesday.

The extension was announced just hours before it was set to expire. The president did not provide details on how long the new ceasefire extension will last.

The United States and Iran have signalled they will hold a new round of ceasefire talks in Pakistan, two regional officials said Tuesday, as leaders on both sides warned they were prepared for more fighting if a fragile two-week truce expires without a deal.

Tehran’s ‌armed forces ready to deliver ‘decisive’ response to any renewed hostile ​action as ceasefire nears end

As it remains uncertain whether Tehran will return to the negotiating table, Trump warned the U.S. will resume its assault of Iran if talks don't progress.

The announcement came either two hours or a full day, depending on which Trump statement you believe, before the expiration of the two-week halt in attacks.

Oil pushed higher as US president Donald Trump cast doubt over the ceasefire with Iran after rejecting Tehran’s latest peace offer, prolonging the effective closure of the vital Strait of Hormuz. Brent crude traded near $105 a barrel after rising 2.

Trump called Iran’s counter peace proposal “totally unacceptable,” dimming the prospects of an imminent deal to end the war.