US and Iran have agreed to sign the peace deal to end the West Asia conflict.
The formal signing ceremony to take place on Friday this week in Switzerland.
At the time of going to the press, reaction from Israel was awaited.
The Peace Deal between US and Iran will be signed in Geneva, Switzerland
The day began early on Monday morning the 15th of June 2026 when President of the United States President Donald Trump announced the completion of the peace deal between the US and Iran, declaring the reopening of the strategically important Strait of Hormuz and the immediate removal of its naval blockade, a move he said would restore the free flow of global energy supplies.
In a post on Truth Social, Trump wrote, “The Deal with the Islamic Republic of Iran is now complete. 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!”.
The announcement came amid growing international efforts to end tensions in West Asia and follows days of intense diplomatic engagement involving Pakistan.
Pakistan Prime Minister Shehbaz Sharif also announced that a peace agreement between the United States and Iran had been reached following extensive negotiations.
Shehbaz Sharif said that both sides have also declared permanent termination of military operations in Lebanon.
As stated earlier, the deal will be officially signed on 19th of June in Switzerland.
In a post on X, Sharif stated, “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. Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon.”
“The official signing ceremony will be on Friday, 19 June in Switzerland. We would like to thank the United States of America and the Islamic Republic of Iran for their commitment to finding a diplomatic solution to the conflict. We would also like to extend our sincere appreciation to our brothers in this mediation effort, the great leadership of the State of Qatar, for their support in reaching this agreement. I would also especially thank the visionary leadership of the Kingdom of Saudi Arabia and the Republic of Turkiye for their immense contributions in this regard,” Sharif said.
“With the agreement now in place, mediators will facilitate a series of meetings this week. These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony,” he further added.
President Trump will now travel to Europe to take part in the G7 Summit where he is also scheduled to meet Narendra Modi.
Soon after the announcement of peace deal, the oil prices had fallen sharply indicating sull support from the global markets.
