U.S. President Donald Trump said Sunday that an agreement with Iran will be signed this Friday, a major shift after more than 100 days of conflict since the U.S.-Israeli strikes on Iran in late February.
Pakistan's Prime Minister Shehbaz Sharif, whose country served as a mediator, posted on X that a deal to permanently end military operations on all fronts, including Lebanon, had been reached. Trump confirmed on Truth Social: "The deal with the Islamic Republic of Iran is finalized." He said the agreement allows for reopening of the Strait of Hormuz without toll and the immediate lifting of the U.S. naval blockade.
According to Iran's Mehr news agency, the draft deal has 14 points, including: an immediate and permanent ceasefire on all fronts, including Lebanon; complete removal of the naval blockade within 30 days; a U.S. commitment to withdraw forces from the area around Iran; reopening of the Strait of Hormuz; suspension of sanctions on oil sales; a final agreement on the nuclear issue within 60 days of signing; and the release of $24 billion in frozen Iranian assets during the 60-day negotiation period.
U.S. Vice President JD Vance said the ceasefire could open a "new era" for the Middle East and asserted that "Iran will never have a nuclear weapon." Secretary of State Marco Rubio also congratulated Trump on his birthday.
On the Iranian side, Deputy Foreign Minister Kazem Gharibabadi confirmed that the cessation of military operations is expected to be announced from Monday. He added that negotiations on the final agreement will take 60 days, contingent on Iran verifying that the U.S. fully meets its commitments, including ending hostilities, lifting the naval blockade, and releasing frozen assets.
Pakistan and Qatar were the main mediators. Prime Minister Sharif announced the formal signing ceremony will take place on June 19 in Switzerland, with technical meetings this week. Qatar's foreign ministry welcomed the deal, calling the reopening of the Strait of Hormuz an "important step" toward sustainable peace and regional and global economic growth.
Iran's embassy in Turkey posted an image of the Iranian flag planted on the Strait of Hormuz with the caption: "Welcome to the Middle East of a new era." Al Jazeera noted that the details released by Mehr have not been independently verified.
