Officials announced on Monday that both sides are likely to sign the US-Iran peace deal on Friday, following intense efforts from Pakistan. The deal was agreed upon following a series of bilateral meetings in Oman and Pakistan, despite the two sides repeatedly engaging in frequent skirmishes in the Strait of Hormuz.
Later, US President Donald Trump confirmed that a peace deal with Iran had been agreed upon and that toll-free shipping through the Strait of Hormuz would now begin.
The agreement, later confirmed by Iran’s deputy Foreign Minister Kazem Gharibabadi, on Sunday, will immediately end hostilities between Iran and the US.
Trump, who celebrated his 80th birthday on Sunday, said, “The Deal with the Islamic Republic of Iran is now complete.”
In a Truth Social post he added, “Congratulations to all! I hereby fully authorise the toll-free opening of the Strait of Hormuz and, simultaneously herewith, authorise the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”
In another post, he said, "This great deal will bring peace and security to the whole region," and he hinted that a more comprehensive peace agreement with Iran would follow.
“Many presidents have tried to make Peace with Iran, and all have failed before me. The Leaders of the Region have, for the first time, found a President who can help them achieve real Peace.
With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine, oil will flow on both ends again for the Region, and the World!” he wrote.
Earlier, Pakistani Prime Minister Shehbaz Sharif, while announcing the deal on X, said, “It is to end fighting on all fronts, including in Lebanon.”
“Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and the Islamic Republic of Iran has been REACHED.
Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon,” he said.
Also read: US-Iran deal close, says Pak; Iran says no timeline fixed