U.S. President Donald Trump announced on Sunday, June 14, 2026, that a final peace agreement with the Islamic Republic of Iran has been completed. In a Truth Social post, Trump declared: “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
Minutes earlier, Pakistani Prime Minister Shehbaz Sharif had revealed the breakthrough on X, stating that military operations would cease immediately and permanently on all fronts, including Lebanon. Sharif confirmed the signing ceremony would take place in Switzerland on Friday, June 19. Mediators from Qatar, Saudi Arabia, and Turkey were thanked for their contributions. A 60-day negotiation window will follow to decide legal rules and management of the Strait, with Oman and Iran preparing a new system for shipping.
Under the draft, Washington would unlock $25 billion in frozen Iranian assets. Tehran pledged not to build or acquire nuclear weapons and to maintain its current nuclear posture during talks, with no additional enrichment or facility expansion until a final document is signed. Sanctions relief and deeper nuclear program negotiations were postponed to a subsequent phase.
The announcement came after heightened tensions from an Israeli strike on Beirut’s Dahieh suburb, which killed three and injured 15. Iran blamed the U.S., and its military warned of a “strong response.” Trump later called the strike a misstep but maintained that the deal was finalized. The agreement ties together the Lebanon ceasefire, Hormuz navigation, release of frozen Iranian funds, and a diplomatic path for further sanctions and nuclear talks.
