US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen

June 15, 2026

The United States and Iran have reached a framework agreement to end their military conflict, which began in late February when the US and Israel struck Iran, killing its supreme leader. Pakistan mediated the deal, which includes ending military operations across all fronts, including Lebanon where Israel has been fighting Iran-backed Hezbollah forces. The agreement, set to be formally signed in Switzerland this Friday, establishes an initial 60-day ceasefire period during which both nations will negotiate final terms addressing contentious issues like Iran's nuclear program and sanctions relief.

Who is affected

The United States and Iran (primary parties to the conflict)
Israel (criticized the deal and continues military operations)
Hezbollah (Iran-backed group involved in fighting in Lebanon)
Lebanon and its citizens (experienced Israeli occupation and attacks)
Pakistani government (serving as mediator through Prime Minister Shehbaz Sharif)
Lebanese President Joseph Aoun
UK, France, Germany, and Italy (issued joint statement)
Global shipping industry and oil consumers (affected by Strait of Hormuz closure)
US military personnel at Gulf bases
Israeli politicians including Defence Minister Israel Katz, National Security Minister Itamar Ben Gvir, and opposition figure Yair Golan
Qatari mediators

What action is being taken

US President Trump has ordered the immediate removal of the US naval blockade of Iranian ports
The Strait of Hormuz is being reopened when the initial agreement is signed on Friday
Both sides have declared immediate and permanent termination of military operations
The ceasefire is being extended for another 60 days during which final agreement details will be negotiated
Israeli forces are conducting drone strikes and artillery shelling in south Lebanon (reported on Monday)
Qatari mediators are facilitating negotiations between the parties

Why it matters

This agreement represents a significant de-escalation of a dangerous regional conflict that threatened global energy supplies and risked broader warfare in the Middle East. The reopening of the Strait of Hormuz will stabilize international oil and natural gas markets, potentially lowering fuel prices worldwide that had risen during the channel's closure. The deal addresses critical nuclear proliferation concerns by incorporating provisions to prevent Iran from obtaining nuclear weapons, with verification mechanisms in place. However, the framework's fragility is evident through Israeli opposition and continued military actions in Lebanon, suggesting the 60-day negotiation period will be critical in determining whether lasting peace can be achieved or if the region will return to conflict.

What's next

The formal signing of the agreement will take place in Switzerland on Friday
The Strait of Hormuz will reopen upon signing of the deal on Friday
A 60-day period begins for both sides to negotiate the specifics of a final agreement
Key issues to be resolved include Iran's nuclear enrichment program, sanctions relief, and access to frozen Iranian oil revenues
The US will implement verification measures to ensure Iran does not develop nuclear weapons
UK, France, Germany, and Italy are prepared to lift relevant sanctions in response to verifiable steps by Iran on its nuclear program

Read full article from source: BBC