TEMPO.CO, Jakarta - The United States (US) and Iran have reached a peace deal that includes the reopening of the Hormuz Strait and the withdrawal of the US naval blockade. This was announced by US President Donald Trump and Pakistani Prime Minister Shehbaz Sharif on Sunday, June 14, 2026, local time.
As reported by Asia Today, Iranian Deputy Foreign Minister Kazem Gharibabadi also confirmed the finalization of the memorandum of understanding (MOU) text through a government television broadcast, with an official signing ceremony scheduled to take place in Switzerland on June 19, 2026.
Trump stated, "Deal with Iran is done! Ships of the world, start your engines!" agreeing to the immediate withdrawal of the naval blockade
President Trump declared on his social media platform, Truth Social, "A deal with the Islamic Republic of Iran is DONE. Congratulations to all!"
"I am granting full approval for the toll-free reopening of the Strait of Hormuz, and at the same time, approving the immediate lifting of the US Naval blockade. Ships of the world, start your engines. Let the oil flow!"
In a separate post, President Trump claimed, "This great deal will bring peace and security to the entire region." He also asserted that "many Presidents have tried to make peace with Iran, but they all failed before me," although he forgot to add that no other US president had unilaterally attacked Iran previously.
PM Sharif in a separate statement said, "Immediate, permanent end to military operations on all fronts—signing in Switzerland on the 19th"
Previously, Prime Minister Sharif, who acted as a mediator in the talks, announced on X (formerly Twitter) that both parties declared an immediate and permanent cessation of military operations on all fronts, including Lebanon, with an official signing ceremony scheduled for June 19 in Switzerland.
Expressing gratitude to Qatar, Saudi Arabia, and Turkey for their contributions to the mediation, Prime Minister Sharif added that pre-implementation discussions would take place this week.
Iran's Deputy Foreign Minister emphasized that the MOU was designed under active mistrust, while government media reported that the US had to accept the end of the war.
Deputy Foreign Minister Gharibabadi stressed, "This memorandum of understanding does not mean we trust the enemy; it was drafted under active distrust."
He added that Iran will carefully monitor US compliance with its obligations. Gharibabadi also stated that Iran will not start implementation until the official signing and will disclose the full text of the MOU afterwards.
The Iranian government broadcasting station, IRIB, aired a statement saying, "The US was forced to accept an end to the war."
Meanwhile, Iranian President Masoud Pezeshkian posted on X along with a photo of Foreign Minister Abbas Araghchi, and wrote, "Deal reached. Greetings to Diplomacy General."
Global oil prices dropped by 4 percent while the S&P 500 futures index rose by 0.8 percent after the announcement of the peace deal.
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