US and Iran Sign Surprise Deal, End Military Operations Immediately
The United States and Iran have agreed to an immediate and permanent end to military operations under a memorandum of understanding announced Sunday, with Pakistan mediating the surprise agreement and both sides confirming a signing ceremony in Switzerland [172921].
The deal, which includes plans to reopen the Strait of Hormuz—a critical waterway for global oil shipments—also calls for easing sanctions and starting further talks on nuclear issues [172921]. US President Donald Trump announced on Sunday that the peace deal is now finalized, stating, "The deal with the Islamic Republic of Iran is now complete" [172756]. Pakistani Prime Minister Shehbaz Sharif also confirmed the development, posting on X that a peace deal "has been reached," and Iran officially confirmed the agreement, stating it would bring an "immediate end" to the war [172756].
The agreement puts an "immediate end" to the war, according to Iranian Deputy Foreign Minister Kazem Gharibabadi, and also covers Lebanon [172859]. The Strait of Hormuz is expected to reopen under the terms of the accord [172859]. An interim deal between the United States and Iran would extend the current ceasefire, reopen the Strait of Hormuz, and set the stage for further negotiations on Iran’s nuclear program, according to a diplomat briefed on the matter who told CNN that both sides have agreed on the text of a memorandum of understanding [171751].
Pakistan’s Prime Minister Shehbaz Sharif announced that the United States and Iran will sign a deal within 24 hours, including the reopening of the Strait of Hormuz as part of an extension to the current ceasefire [172019]. US President Donald Trump said on Saturday that the United States is set to sign a new agreement with Iran as soon as Sunday, claiming the deal would prevent Tehran from obtaining a nuclear weapon and would reopen the Strait of Hormuz to international shipping [172230]. Trump wrote that Iran "no longer want a Nuclear Weapon, nor will they have one, either through purchase, development, or any other form of procurement," adding that he reserves the "ultimate alternative" if Tehran refuses to sign [172230].
The United States and Iran have reached a peace agreement, with the Strait of Hormuz set to reopen on Friday under Iranian arrangements, according to state media, as Pakistan’s prime minister announced the official signing will take place in Geneva on 19 June [172795]. The deal has drawn widespread praise from Arab, international, and United Nations officials, with many hoping the understanding will reduce regional tensions, improve maritime security, and bring stability to the area [172867]. Qatar’s Prime Minister and Foreign Minister, Mohammed bin Abdulrahman Al Thani, welcomed the accord, expressing optimism about the agreement’s potential [172867]. Global oil prices fell more than 4 percent on Monday following the announcement of the peace agreement [172873].
A new agreement between the United States and Iran was announced just before the start of the G7 summit in Evian-les-Bains, France, where leaders from some of the world's largest economies will meet to discuss the deal, along with the war in Ukraine and global economic imbalances [172917]. The United States and Iran are close to signing an agreement to reopen the Strait of Hormuz, according to senior officials, and the deal could be announced next week on the sidelines of the G7 world leaders summit [171146]. G7 leaders will meet Monday in Evian, France, to discuss the long-term reopening of the Strait of Hormuz, French President Emmanuel Macron announced, as the meeting comes ahead of a planned US-Iranian memorandum of understanding signing in Geneva on Friday [172918].