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US, Iran reach preliminary agreement to end war, signing set for Friday

From Kathmandu Post · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The US and Iran have reached a preliminary agreement to end their war, with a signing ceremony planned for Friday in Switzerland.
  • The pact includes the termination of military operations, the reopening of the Strait of Hormuz, and the end of the US blockade of Iranian ports.
  • While the deal aims to de-escalate tensions and lower oil prices, the fate of Iran's nuclear program remains subject to further negotiations.

The United States and Iran have agreed on a framework to end their protracted war, a preliminary pact that also includes the lifting of the US blockade on Iranian ports and the reopening of the vital Strait of Hormuz shipping route. The agreement, announced by US President Donald Trump and Pakistani Prime Minister Shehbaz Sharif, is scheduled to be officially signed in Switzerland on Friday.

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

— Donald TrumpUS President Donald Trump announced the preliminary agreement on his Truth Social platform.

Details of the memorandum of understanding remain scarce, but Sharif indicated that the pact calls for the "immediate and permanent termination of military operations on all fronts, including in Lebanon." This has been a significant point of contention, with Israel and Hezbollah continuing attacks despite international calls for a ceasefire. Iran's Supreme National Security Council secretariat confirmed that military operations would cease permanently starting Monday night.

Beyond the immediate cessation of hostilities, the agreement paves the way for further negotiations during a 60-day ceasefire period. These talks will address sanctions relief for Iran and, crucially, the contentious issue of its nuclear program. Sources indicate that the nuclear program, a major sticking point, will be tackled in these subsequent discussions.

the immediate and permanent termination of military operations on all fronts, including in Lebanon.

— Shehbaz SharifThe Pakistani Prime Minister described a key term of the preliminary agreement.

President Trump heralded the reopening of the Strait of Hormuz, a critical chokepoint for global oil and gas supplies that Iran had effectively shut down. "Ships of the World, start your engines. Let the oil flow!" Trump declared. The news immediately impacted global markets, with oil prices falling sharply and Asian stock markets rising. However, former Biden administration officials expressed skepticism, with one stating, "We have no assurances the nuclear program will ever be addressed, but Iran has shown the world it can take the global economy hostage and get something from the US in return."

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

— Donald TrumpPresident Trump expressed his anticipation for the reopening of the Strait of Hormuz.

The conflict, which began on February 28, has resulted in thousands of casualties, primarily in Iran and Lebanon. Iran retaliated against Israeli and Gulf state targets, while US forces blockaded Iranian ports, exacerbating global energy price hikes. The war had become a significant political liability for the Trump administration.

We have no assurances the nuclear program will ever be addressed, but Iran has shown the world it can take the global economy hostage and get something from the US in return.

— Matthew MillerA former State Department spokesperson offered a critical perspective on the deal.
DistantNews Editorial

Originally published by Kathmandu Post. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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