US and Iran Sign Historic Peace Deal in Switzerland; Hormuz Reopens Immediately
On June 19, 2026, the United States and Iran signed a peace deal in Switzerland, ending military operations and lifting sanctions on oil exports. The agreement, mediated by Pakistan's Prime Minister Shehbaz Sharif, included the immediate reopening of the Strait of Hormuz and a $300 billion reconstruction package. The deal marked a significant shift in regional stability and set the stage for future nuclear negotiations.
Where Sources Diverge
The exact date of the signing ceremony is reported as June 19, 2026, by multiple sources, but some sources mention the signing as having occurred earlier.
Signing set for June 19 in Switzerland.
Trump hopes to publish the deal after it's signed.
The exact details of the agreement, including the $300 billion reconstruction package, are reported by some sources but not others.
Includes a $300 billion reconstruction package.
No specific details on the agreement are provided.
Timelines
Sources
Several countries welcome deal, as IAEA chief says 'now the technical work starts' on Iran's nuclear programme.
Prime Minister Shehbaz Sharif said early on Thursday that the ‘Islamabad Memorandum of Understanding’ (MoU) between the United States and Iran had been signed electronically by both sides. “The memorandum has been signed by honourable presidents of both the countries and also endorsed by me as the mediator. The signing of this agreement at the highest level of the respective governments demonstrates the commitment of both sides to a diplomatic resolution of the conflict,” he said. He added that the MoU shall “enter into force with immediate effect and as a first step, Islamic Republic of Iran will instantly reopen the Strait of Hormuz and the United States of America will immediately lift the naval blockade”. He offered his congratulations to US President Trump, saying his “steadfast commitment to diplomacy and preference for peaceful resolution have once again helped end a conflict that could have led to devastating consequences for the region and beyond”. He also commended the dedication and efforts of the US team. “I express my profound respect and appreciation to His Eminence Ayatollah Seyyed Mojtaba Hosseini Khamenei, the Supreme Leader of Islamic Republic of Iran and President Masoud Pezeshkian for their wisdom, foresight and statesmanship in embracing the cause of peace. I also wish to recognize the efforts of the Iranian negotiating team, including Mohammad Bagher Ghalibaf, Abbas Araghchi and Eskandar Momeni, whose patience, perseverance and commitment to constructive engagement were instrumental in bringing this agreement to fruition,” he added. PM Shehbaz also acknowledged the efforts and engagement of Qatar, Saudi Arabia, Turkiye and Egypt. “I would also like to make special mention of Field Marshal Syed Asim Munir, whose tireless efforts, selfless dedication and instrumental role were critical in facilitating this breakthrough and advancing the cause of peace and regional stability,” he said. “May this memorandum of understanding serve as an enduring foundation for greater understanding, mutual respect and shared prosperity for the complete region,” he said. More to follow
Iran and the US have signed a peace deal that will take immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade, Pakistan’s Prime Minister Shehbaz Sharif announced. Sharif, a chief mediator since the US and Israel entered the war with Iran at the end of February, made the announcement in a social media post on Thursday morning. “The Memorandum has been signed by honourable Presidents of both the countries and also endorsed by me as the mediator,” he...
President Donald Trump has signed an initial agreement to extend the ceasefire with Iran for another 60 days and reopen the Strait of Hormuz. Follow the latest.
Donald Trump told reporters in France that the US hoped to publish the framework deal with Iran "in the very near future," but only after a signing ceremony this week. Most of the details remain unclear. DW has more.
Donald Trump told reporters in France that the US hoped to publish the framework deal with Iran "in the very near future," but only after a signing ceremony this week. Most of the details remain unclear. DW has more.
A draft memorandum between the US and Iran reportedly includes an immediate end to military operations, lifting of sanctions on oil exports, and a $300 billion reconstruction package. The agreement, expected to be signed June 19, focuses on ending hostilities and paving the way for future nuclear talks.
Trump announces that a ceasefire deal with Iran has been agreed, and that the Strait of Hormuz will reopen for shipping.
The US president also celebrated the expected resumption of maritime traffic and oil exports, posting, “Ships of the World, start your engines. Let the oil flow!” Trump's announcement came just hours before a UFC event at the White House being held to mark his 80th birthday. Just mintues before the Trump's official declaration, Pakistan PM Shehbaz Sharif had already made the agreement official.