The United States and Iran have agreed to a peace deal aimed at ending more than three months of hostilities between the two countries, marking a potentially significant turning point in regional and global security.
US President Donald Trump announced the breakthrough on Sunday, describing the agreement as a major diplomatic achievement that could ease tensions in the Middle East and restore stability to global energy markets.
In a post on Truth Social, Trump declared that negotiations with the Islamic Republic of Iran had been successfully concluded.
“The Deal with the Islamic Republic of Iran is now complete,” he wrote. “Congratulations to all! I hereby fully authorise the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorise the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Officials familiar with the agreement said the Strait of Hormuz a critical maritime route through which roughly 20 per cent of the world’s oil supply passes — is expected to reopen on 19 June following the formal signing of the accord in Switzerland.
The agreement is also expected to trigger a 60-day negotiation process focused on Iran’s nuclear programme and the scope of future sanctions relief.
Announcing the development on X, Pakistan’s Prime Minister, Shehbaz Sharif, said both nations had agreed to an immediate and permanent cessation of military operations.
“Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and the Islamic Republic of Iran has been reached,” Sharif stated. “Both sides have declared the immediate and permanent termination of military operations on all fronts.”
Although the full text of the agreement has not yet been made public, the White House outlined several key provisions reportedly included in the deal.
According to US officials, Iran has agreed to dismantle its stockpile of highly enriched uranium and formally commit never to pursue nuclear weapons. In return, economic relief and sanctions easing will be considered once these commitments have been verified.
The agreement also stipulates the immediate reopening of the Strait of Hormuz upon signing and requires Iran to halt financial support for groups including Hezbollah.
A senior US administration official said any sanctions relief would be tied to measurable actions and independent verification.
“Economic relief will be released around physical milestones. It is built around action, and it is built around verification,” the official said.
The deal is being closely watched by governments, businesses and energy markets worldwide, with many hoping it will reduce regional instability and prevent further disruption to global oil supplies.