Trump said the U.S. and Iran completed a final peace agreement

Trump said Sunday that the United States and Iran had completed a peace agreement and would put their signatures on it Friday, June 19, in Switzerland. Writing on Truth Social, Trump said: “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!” Pakistan sets the signing schedule while regional mediators prepare for the next talks The Pakistani Prime Minister, Shehbaz Sharif, made the first official announcement on X just minutes prior to President Trump making his own statement. Shehbaz said that both countries have come to an agreement that military operations will cease immediately and permanently on all fronts, including Lebanon. According to him, mediators would conduct meetings all throughout the week leading up to the signing ceremony. During this time, neither side would stop attacking until an agreement had been drafted for signing. The discussions would involve technical terms, actions to be taken, and preparations for implementing the agreement. Shehbaz said the official event would take place in Switzerland on Friday. He added that: “We would also like to extend our sincere appreciation to our brothers in this mediation effort, the great leadership of State of Qatar, for their support in reaching this agreement. I would also especially thank the visionary leadership of Kingdom of Saudi Arabia and Republic of Türkiye for their immense contributions in this regard.” The Pakistani leader said the coming meetings would prepare both sides for the technical negotiations and the signing itself. Iranian Foreign Minister Abbas Araghchi had discussed part of a possible memorandum on state television two days before the announcement. Abbas said the plan covered an end to fighting on every front, with Lebanon specifically included. He also confirmed that the Strait of Hormuz formed part of the package. Abbas said Iran and Oman were getting ready to introduce a different system for ships using the strategic route. He said the legal rules and the future management structure would be decided during a 60-day negotiation window. Sanctions relief and Iran’s nuclear program were left for the following stage rather than being settled in the first document. Iranian news outlets had already published several claims about what the agreement contained. Abbas responded on X by telling the media not to guess at terms that officials had not released. Trump later shared Abbas’s post on Truth Social. A senior Iranian official had allegedly told Reuters that Washington would unlock $25 billion in frozen Iranian assets under the draft. Tehran would agree not to build or obtain nuclear weapons. Iran would also keep its present nuclear position during the talks, meaning no added uranium enrichment and no enlargement of its nuclear facilities before the final document was completed. The Beirut attack raises new tensions as Iran, Israel, and Trump issue warnings The agreement came after an Israeli strike in Dahieh, a southern Beirut suburb, added fresh tension on Sunday. Lebanon’s state media reported three deaths and 15 injuries. Israel’s military said it hit a Hezbollah command site after the Iran-backed group fired toward northern Israel earlier that day. Iranian negotiator Mohammad Baqer Qalibaf said the strike showed that Washington lacked the “will and ability” to keep its promises. Iran’s Foreign Ministry placed responsibility on the United States. Tehran warned of a “strong response,” while the country’s top joint military command said its “finger is on the trigger” and ready to strike the “enemy’s heart.” Iran said the United States would be answerable for any Israeli action that disrupted the talks. That warning came before Trump posted publicly. Before publishing his final-deal announcement, Trump said the Beirut attack “should not have happened.” He added that it came while the United States and Iran were close to completing peace talks. Israel said it had no role in the planned U.S.-Iran agreement. Prime Minister Benjamin Netanyahu had disagreed with Trump over American demands that Israel cut back its operations in Lebanon while Washington tried to close the deal with Tehran. The Israel-Hezbollah conflict in Lebanon started again after the U.S.-Israeli war against Iran began in February. The Friday agreement now brings together the Lebanon ceasefire, navigation through Hormuz, the release of frozen Iranian money, and another round of negotiations over sanctions and Iran’s nuclear activities. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.