US and Iran sign deal to halt war, reopen Strait of Hormuz

The United States and Iran have signed a preliminary deal to end their war, which erupted on February 28. The agreement mandates an immediate and permanent cessation of hostilities on all fronts, including in Lebanon, where hundreds have died and over a million displaced. The conflict, which saw Iran retaliate against American interests in the Gulf States and Hezbollah join on Iran's behalf against Israel, had disrupted global oil prices due to the closure of the Strait of Hormuz.

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The United States of America and the Islamic Republic of Iran and their allies in the current war, by signing this MOU, declare the immediate and permanent termination of military operations on all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon.

The Memorandum of Understanding (MOU), read out by a senior US official, outlines key points for a final agreement within a maximum of 60 days. Central to the deal is the reopening of the Strait of Hormuz, a vital shipping lane through which approximately 20 percent of the world's oil passes. The US also committed to lifting its naval blockade against Iran within 30 days and removing its forces from the proximity of Iran within 30 days after the final deal is struck.

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The United States of America and the Islamic Republic of Iran undertake to respect each other’s sovereignty and territorial integrity, and to refrain from interfering in each other’s internal affairs.

Iran, in turn, agreed to ensure the safe passage of commercial vessels through the Strait of Hormuz free of charge for 60 days. The MOU also stipulates that both nations will respect each other's sovereignty and territorial integrity and refrain from interfering in internal affairs. The deal aims to permanently end the war on all fronts, including Lebanon, and re-establish normal maritime traffic.

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The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal in maximum 60 days, extendable with mutual consent.