Pakistan Prime Minister Shehbaz Sharif announced on Monday that the United States and Iran had reached a peace agreement aimed at ending nearly four months of conflict, with a formal signing ceremony scheduled for June 19 in Switzerland. According to Sharif, both sides have agreed to an immediate and permanent halt to military operations across all fronts, including in Lebanon.

In a post on X, Sharif described the agreement as the result of intensive diplomatic efforts and said the official signing would take place later this week. He also credited Qatar, Saudi Arabia and Türkiye for supporting the mediation process alongside Pakistan, which has played a key role in facilitating dialogue between Washington and Tehran.

The reported agreement is expected to reopen the Strait of Hormuz, a strategically vital shipping route through which a significant portion of the world's oil supplies passes. The deal would also end the United States' naval blockade of Iranian ports and extend an existing ceasefire, while leaving Iran's nuclear programme to be addressed through an additional 60-day period of negotiations between the two countries.

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Shortly after Sharif's announcement, US President Donald Trump confirmed the agreement on Truth Social, calling it a major diplomatic achievement. Trump said he had authorised the immediate lifting of the US naval blockade and the toll-free reopening of the Strait of Hormuz, adding that the agreement would allow the resumption of normal maritime trade and energy flows through the region.

In a subsequent post, Trump described the accord as a landmark step toward regional stability and security. He said previous US administrations had unsuccessfully attempted to reach a lasting understanding with Iran and expressed confidence that the agreement would bring economic and strategic benefits to both the region and the wider world. Trump also indicated that the reopening of the Strait of Hormuz would take effect upon the formal signing of the deal.

While the announcements from Islamabad and Washington signal a major diplomatic breakthrough, detailed terms of the agreement have not yet been made public. Observers are expected to closely monitor the signing ceremony in Switzerland and the subsequent negotiations on Iran's nuclear programme, which remain a central issue in relations between Tehran and Washington.

Also Read: Trump Says Iran Peace Deal Complete, Strait Of Hormuz Reopens To Shipping