WASHINGTON—Nuclear-armed rivals India and Pakistan have agreed to a ceasefire following U.S.-led talks to end an intensifying military confrontation, President Donald Trump announced in a post on his Truth Social media platform Saturday morning.

The Saudi Foreign Ministry expressed optimism that the ceasefire between Pakistan and India will help restore regional peace and security. It said Pakistan’s Foreign Minister Ishaq Dar acknowledged Saudi Arabia's constructive role, along with Turkey and the United States, in facilitating the agreement.

President Donald Trump announced that the two countries had reached a "full and immediate ceasefire" following a series of escalating attacks.