U.S., Iran reach peace deal; signing set for Friday, Pakistan says

Pakistan's Prime Minister Shehbaz Sharif announced early Monday that the United States and Iran have finalized a deal to end their war, with an official signing ceremony scheduled for Friday, June 19, in Switzerland. The announcement came via social media.

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The Deal with the Islamic Republic of Iran is now complete.

Shortly after Sharif's statement, U.S. President Donald Trump confirmed the completion of the deal on his Truth Social platform. He stated that the Strait of Hormuz would be open "toll free" and that the U.S. naval blockade of Iranian ports would also cease. Trump urged global maritime traffic to resume, writing, "Ships of the World, start your engines. Let the oil flow!"

The agreement was reportedly struck despite an Israeli strike on the southern suburbs of Beirut on Sunday, an action that drew criticism from both Iran and President Trump. Iran's foreign ministry held the United States responsible for the attack, warning of a "strong response."

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Ships of the World, start your engines. Let the oil flow!

While the precise terms of the deal are not yet fully known, multiple sources have indicated to Reuters that the agreement includes reopening the Strait of Hormuz, ending the U.S. blockade of Iranian ports, and extending a ceasefire. A 60-day period for further talks on Iran's nuclear program is also part of the arrangement. Earlier reports suggested the U.S. would release $25 billion in frozen Iranian assets, while Iran would maintain its current nuclear status quo, including no uranium enrichment, pending a final agreement.

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This morning's attack on Beirut should not have happened, particularly on a special day when we are so close to a Peace Deal with Iran.