The United States and Iran have confirmed the agreement of a peace deal to cease hostilities and reopen the Strait of Hormuz.
U.S. President Donald Trump said on Sunday that the U.S.-Iran peace deal "is now complete" and that the Strait of Hormuz will reopen upon the signing of the deal on Friday.
"The Deal with the Islamic Republic of Iran is now complete," Trump wrote on his Truth Social. "I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United State Naval blockade."
"Ships of the World, start your engines. Let the oil flow!" said Trump.
He said in another post a few minutes later that the strait will reopen upon the signing of the deal on Friday.
"With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!" Trump said.
Not long before Trump's post on the deal, Pakistani Prime Minister Shehbaz Sharif said on X that an official signing ceremony of the deal is scheduled for June 19 in Switzerland.
The agreement would be signed electronically by him or by Vice President JD Vance in person, Trump told The Wall Street Journal in an interview hours earlier.
Vance told Fox News on Sunday evening that he plans to attend the official signing ceremony, though Trump may attend himself.
Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi said early Monday that the U.S. naval blockade against Iran will be lifted as of tonight and the immediate and permanent end of the war and military operations on all fronts, including Lebanon, is announced.
Gharibabadi said Iran and the U.S. will sign the finalized draft of a peace memorandum of understanding (MoU) in Switzerland on June 19, according to Iran's semi-official Tasnim news agency.
Meanwhile, Iran's state-run IRIB TV, also citing Gharibabadi, said Iran's entry into a 60-day period of negotiations with the United States on its nuclear program and the removal of sanctions will hinge on the U.S. fulfillment of its preliminary commitments, which will be verified by Tehran from now until the signing ceremony.
Iran’s Supreme National Security Council also confirmed the agreement on the peace MoU in a statement released in the early morning of Monday.
US, Iran confirm agreement on peace deal
