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The Tentative Deal United States President Donald Trump and Iran's Deputy Foreign Minister Kazem Gharibabadi said on Sunday that they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz. Trump said the deal allows for toll-free shipping through the Strait of Hormuz, which has been largely closed since the US and Israel launched an assault on Iran on February 28. Key Terms of the Agreement The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of new hostilities unless Iran reaches a deal, remained unclear. Strait of Hormuz to reopen: Iran's semi-official Mehr news agency said the draft deal called for reopening the Strait of Hormuz within 30 days under Iranian arrangements. Frozen assets to be released: Iran's Mehr news agency reported that the US would release $12bn in frozen assets to Iran before the start of negotiations. Iran's enriched uranium: In an interview with The New York Times on Sunday, Trump said Washington was still negotiating whether Iran would suspend its enrichment for 20 years. Global Response Western leaders praise deal: UK Prime Minister Keir Starmer said he was ready to aid the further technical talks between the US and Iran, adding that he hopes the reopening of the Strait of Hormuz will stabilise energy markets. French President Emmanuel Macron also praised the deal and said Paris would support the Lebanese government. European Union chief Antonio Costa welcomed a deal between the US and Iran to end the Middle East war, adding that the bloc was ready to contribute to a strategy for 'lasting peace'. UN Secretary-General Antonio Guterres said it was a 'critical step' towards resolving the war in the Middle East. Economic Impact Oil prices drop: Oil prices slipped to their lowest since March on Monday, with global benchmark Brent crude futures falling $4.08, or 4.7 percent, to $83.25 a barrel by 04:15 GMT. Asian markets soar: Markets in Japan soared, more than 5 percent up; in South Korea, they were up 5.3 percent; in Taiwan, they were up 2.4 percent.

Executive Summary of the BreakthroughIran and the United States have announced a tentative deal to end the US‑Israel war, including Israeli strikes on Lebanon. President Donald Trump declared the agreement complete and called for oil to flow freely.The Tentative Deal and Immediate TermsThe accord, set to be signed in Switzerland, includes a 60‑day cease‑fire and a framework for broader sanctions relief for Iran. Deputy Foreign Minister Kazem Gharibabadi said the next phase will address sanctions, while Pakistani Prime Minister Shehbaz Sharif highlighted the deal as a major breakthrough after months of fighting.Key Figures and Market SignalsCasualties: thousands killed in the conflict so far.Energy impact: global oil prices have surged amid the war; the deal promises a potential drop once navigation in the Strait of Hormuz resumes.Economic outlook: early market reactions show a modest rise in equities as investors anticipate stability.International Reactions Shaping the Geopolitical LandscapeLeaders from Qatar, Saudi Arabia, United Arab Emirates, Kuwait, China, Türkiye, the United Nations, the European Union, the United Kingdom, France, Germany, Canada, and Austria issued statements welcoming the agreement, emphasizing the need for swift implementation, freedom of navigation in the Strait of Hormuz, and continued pressure on Iran’s nuclear program.Conversely, Israel’s Defence Minister Israel Katz and Finance Minister Bezalel Smotrich warned that Israel will not withdraw from Lebanese territory and will respond forcefully to any Iranian aggression.Outlook: From Cease‑Fire to Sustainable PeaceThe next 60 days will test the durability of the cease‑fire, with the international community urging verification mechanisms and a clear roadmap for sanctions relief. If the Strait of Hormuz reopens toll‑free, regional trade could rebound, bolstering the global economy. However, lingering mistrust—especially from Israel—means diplomatic momentum must be maintained to prevent a relapse into hostilities.

The Tentative Deal United States President Donald Trump has announced what he has described as a “great deal” to end the war with Iran as officials in Tehran and Washington outline an agreement that would bring an immediate halt to hostilities after more than 100 days of conflict. The Agreement Details Iran’s Supreme National Security Council said the deal includes an immediate suspension of military operations on all fronts, including in Lebanon, nearly one-fifth of whose territory Israel currently occupies. The agreement includes a ceasefire by Israel in Lebanon. The naval blockade against Iran will end immediately and completely. The Data Analysis Kazem Gharibabadi, Iran’s deputy foreign minister for legal and international affairs, said negotiations for a final agreement would continue for 60 days. The draft agreement envisages a final settlement on nuclear issues within 60 days. Iran would be able to enrich uranium “for nonmilitary purposes. Forever.” The Impact Analysis Analysts said the agreement appears likely to reduce immediate violence, reopen shipping lanes and provide space for further negotiations. However, significant questions remain over whether Israel will abide by the agreement and what will be decided about Iran’s nuclear programme, sanctions relief, the future of the Strait of Hormuz and the fate of Iran’s regional allies, including Hezbollah. The Prediction The announcement was welcomed by financial markets while Trump urged ships stranded due to the Strait of Hormuz closure to “start their engines” as expectations grew that shipping through the waterway would resume.

The Peace Deal A peace deal between the US and Iran has been reached following nearly four months of fighting in the region, with Donald Trump and senior Iranian officials confirming the agreement. Iranian deputy foreign minister Kazem Gharibabadi confirmed the agreement in televised comments, saying it puts an “immediate end” to the countries’ war, and that it included Lebanon. The Terms of the Deal The precise terms of the deal were not immediately known, however, in a statement posted to Truth Social Sunday evening, the US president announced the opening of the Strait of Hormuz as well as the removal of the US naval blockade. “Ships of the World, start your engines. Let the oil flow!”, said Trump in the celebratory post. The Impact on the Region The agreement was struck despite an Israeli strike on Lebanon on Sunday that drew criticism from both Iran and US President Donald Trump. Regional officials said Qatari mediators had travelled to Tehran on Sunday to finalise terms of a memorandum of understanding. The Future Outlook Observers have expressed scepticism that complex negotiations could be successfully concluded in less than two months, pointing out that the 2015 US-Iran deal that restricted Tehran’s nuclear programme in return for sanctions relief took almost 10 times longer and the negotiations were conducted by large teams of technical experts. “I doubt we are going to see all this hammered out in 60 days,” said Alia Brahimi, of the Washington-based Atlantic Council.

The Lead: Historical Narratives in Modern Diplomacy Tehran, Iran – Iran and the United States have evoked historical and geographical references to the MENA region as the world awaits the announcement of a possible deal to end the conflict between the two countries. Iranian officials have revived key moments in the nation's history to drive forward a message of a David-versus-Goliath battle between the two sides, with the underdog ultimately victorious. This comes as US President Donald Trump announced that a deal with Iran had been "largely negotiated", with Tehran also indicating there could be an agreement soon. Both sides have been keen to portray any deal to end their 66-day conflict as a victory. The Historical Context: Ancient Battles and Modern Symbolism Iran's Foreign Ministry spokesman Esmaeil Baghaei drew parallels to the march of the Romans against the Persians in the third century, with the invading party ultimately being forced to "come to terms" with the latter. Baghaei also posted an image of Roman Emperor Valerian after he was captured by Persia's King Shapur I in the year 260. It is an illustration repeatedly drawn on by Iranian authorities in recent months to evoke nationalist sentiments and promote the idea that the country is again bravely standing up to another invading force. Sunday also happened to mark the anniversary of a more recent conflict, when Iran – under a new revolutionary government still in place today – fought an eight-year war with its neighbour, Iraq, from 1980 to 1988. Every year, the Islamic Republic celebrates the 1982 recapture of Khorramshahr, a city with an Arabic-speaking majority in the western Iranian province of Khuzestan. Khorramshahr marked a turning point for the Iranian side in a protracted war that killed hundreds of thousands from both sides, with that battle being one of the bloodiest. It has been used in government discourse and messaging during the latest war with the US and Israel to symbolise the country's long history of resistance and determination to maintain the sovereignty of its lands. Symbolic Messaging: Flags and Maps as Political Tools Ahmad Vahidi, the commander-in-chief of Iran's Islamic Revolutionary Guard Corps (IRGC), used the battle to signal that Tehran would continue to fight the US and Israel in the region. "The liberation of Khorramshahr is a lasting model for victory in future Khorramshahr, and the liberation of Quds sharif [Jerusalem], and the destruction of the evil Zionist regime by the axis of resistance and the fighters of the Islamic world," he said, in reference to Israel. Masoud Pezeshkian, Iran's relatively moderate president, linked the event to the current standoff. "Iran's Khorramshahr today is the Persian Gulf and the Strait of Hormuz," he wrote on X. "Resistance, sacrifice and fighting off aggression are rooted in the culture of this land." Diplomatic Maneuvering: Preparing for Peace While Asserting Strength Mohammad Mokhber, an adviser to Iran's slain Supreme Leader Ayatollah Ali Khamenei, said both former Iraqi leader Saddam Hussein and US President Donald Trump failed to fully recognise Iran's power when starting a war. "The first was buried in the trenches of Khorramshahr, while the second has been afflicted with a political crisis in a quagmire created by the Zionist regime," he wrote on X. Kazem Gharibabadi, a member of Iran's negotiating team and its deputy foreign minister for international affairs, linked the issue of Khorramshahr with the United Nations Charter and the country's current concerns. "Any nation that falls victim to aggression and occupation has an intrinsic right for legitimate defence to safeguard its territory, independence and integrity," he said. Gharibabadi added that Tehran is currently following the same logic of "peace-seeking paired with power, diplomacy paired with integrity and decisive defence". First Vice President Mohammad Reza Aref said the recapture of the city in 1982 showed that the new government could defeat aggression on its own terms. Tehran now aims to "overcome our savage enemy" through holding its ground, he wrote on X. The War of Symbols: Map Exchanges and Positioning The latest barrage of messaging from leaders in Tehran came after Trump appeared to suggest that he wanted to take control of Iran. On his Truth Social account on Saturday, the US president posted a photo of the US flag covering the map of Iran, with the question: "United States of the Middle East?" In response, the X accounts of multiple Iranian embassies abroad posted a US map covered with the flag of the Islamic Republic, with the question: "United States of Iran?" Future Outlook: Conditions for Peace and Regional Implications The Trump administration has emphasised that it wants a long-term suspension of uranium enrichment in Iran and the extraction of high-enriched nuclear material from the country. It also wants the Strait of Hormuz – through which one-fifth of the world's oil shipments normally pass, but which Iran has blockaded – reopened fully without any tolls from Iran, officials have said. Israeli officials have remained largely silent about a US deal with Tehran, but have reportedly been pushing to resume the war.