The agreement with the Islamic Republic of Iran is now finalized. Congratulations to everyone! I officially allow the opening of the Strait of Hormuz free of charge, and at the same time, allow the immediate lifting of the US naval blockade. Ships around the world, start the engines. Let the oil flow!" - President Donald Trump shared on June 14, local time.
Pakistani Prime Minister Shehbaz Sharif made a similar statement a few minutes before President Trump's statement.
After tense negotiations, we are pleased to announce that the Peace Agreement between the US and the Islamic Republic of Iran has been reached" - Mr. Sharif informed on X.
He continued, "both sides have declared an immediate and permanent cessation of military operations on all fronts, including in Lebanon".
The signing ceremony is scheduled to take place on June 19 in Switzerland, Mr. Sharif said.
Iranian Deputy Foreign Minister Kazem Gharibabadi said that the memorandum has been completed and the US naval blockade against Iran will end on the evening of June 14, according to Iranian state media.
The immediate and permanent cessation of hostilities and military operations on many fronts, including Lebanon, will be announced from the evening of June 14," state semi-official Tasnim news agency quoted Mr. Kazem Gharibabadi as saying.
This agreement aims to end the conflict between the US and Israel with Iran that broke out on February 28, marked by the assassination of Supreme Leader Ayatollah Ali Khamenei and US-Israel attacks across Iran.
A ceasefire agreement was signed in April to facilitate negotiations, although both sides continued a number of attacks amid disputes over the Hormuz Strait - an important trade route through which about 20% of the world's oil volume passes.
In an article published on June 14, Mr. Trump told the Wall Street Journal that the agreement would be signed by the President in electronic form or by Vice President JD Vance in a direct form.
Mr. Vance revealed on the evening of June 14, immediately after Mr. Trump's announcement on Truth Social, that the procedures for the signing ceremony were still being completed.
I am sure I intend to be there, but it is also possible that the President himself will be present" - Mr. Vance said on Fox News. He emphasized that this agreement is a "new turning point" and "we will continue to strive".
The Lebanese government and Iranian-backed Hezbollah forces have not made any public comments on the US-Iran peace agreement.
Israel attacked Hezbollah targets in the southern suburbs of Beirut on June 14 in retaliation for a previous attack on Israeli territory. The Lebanese Ministry of Civil Defense said 3 people were killed.
Human rights organization HRANA based in the US recorded more than 3,600 deaths in Iran, including more than 1,700 civilians, since the US and Israel launched attacks in late February, causing a wider conflict in the region.
More than 3,700 people have died in Lebanon, 36 people have died in Gulf countries and 20 people have died in Israel. Twelve US soldiers have died and 2 others have died for non-combat causes.
