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Jun 15, 2026
Analyzed by Glm 4.5 Flash

US and Iran Sign Historic Deal to End War, Reopen Strait of Hormuz

AI Summary
The United States and Iran have signed a historic agreement to end the US-Israel war on Iran, including attacks on Lebanon, and reopen the strategically crucial Strait of Hormuz. The deal, to be formally signed in Switzerland, has been welcomed globally as a potential path to lasting peace in the region.

The Lead

The United States and Iran have announced a groundbreaking agreement to end the US-Israel war on Iran, including Israeli attacks on Lebanon, and to reopen the strategically crucial Strait of Hormuz. This development has been welcomed worldwide as a potential path to a lasting end to the conflict that has killed thousands and sent global energy prices soaring.

The Diplomatic Breakthrough

"The deal with the Islamic Republic of Iran is now complete," US President Donald Trump announced on Sunday on his Truth Social platform. "Ships of the world, start your engines. Let the oil flow!" Kazem Gharibabadi, Iran's deputy foreign minister, confirmed the agreement and stated that a broader deal covering sanctions relief for Iran would be worked out during a 60-day ceasefire period.

The Economic Impact

The announcement has already had significant effects on global markets, with stock markets soaring and oil prices falling in response to the news of the deal. The reopening of the Strait of Hormuz, a critical chokepoint for global oil supplies, is expected to stabilize energy markets and reduce prices worldwide.

Global Reactions

The deal has been welcomed by countries across the globe:

  • Qatar: Expressed appreciation for the determination of both sides and their commitment to resolving differences through negotiations.
  • Pakistan: Prime Minister Shehbaz Sharif congratulated Washington and Tehran for their commitment to a diplomatic solution and thanked regional partners for their contribution.
  • Türkiye: President Recep Tayyip Erdogan called it an "important development for establishing peace and tranquillity in our region."
  • United Nations: Secretary-General Antonio Guterres praised the deal as a "critical step" towards a peaceful settlement.
  • United Kingdom: Prime Minister Keir Starmer called it a "hugely important" step and emphasized the need for robust verification of commitments regarding Iran's nuclear program.
  • France: President Emmanuel Macron called for the "urgent and unconditional reopening of the Strait of Hormuz" and emphasized the need for Lebanon's stability.

Path to Implementation

The accord is due to be signed on Friday in Switzerland, marking a major breakthrough after months of fighting. The 60-day ceasefire period will allow for working out broader details of the agreement, including sanctions relief for Iran. The international community has expressed willingness to support implementation, including mine clearance operations in the Strait of Hormuz.

Future Outlook

While the deal represents a significant diplomatic achievement, its long-term success will depend on the implementation of all agreed-upon terms, particularly regarding Iran's nuclear program and the reopening of maritime routes in the Strait of Hormuz. The international community's continued engagement and verification will be crucial to ensuring that this agreement leads to lasting peace and stability in the region.