Published June 14th, 2026 - 10:29 GMT
ALBAWABA - The United States and Iran have allegedly reached a tentative agreement to end months of strife, with a formal signing ceremony anticipated later this week in Switzerland.Pakistani Prime Minister Shehbaz Sharif said that Washington and Tehran have agreed to an immediate and permanent suspension of hostilities, calling the development as a big step toward ending the conflict that began in late February. Sharif said the accord encompasses all active fronts including developments regarding Lebanon.The last signing ceremony is slated on June 19 in Switzerland, and mediators are anticipated to preside over a series of meetings over the next few days to work out the technical and procedural details of the pact before it takes effect.U.S. President Donald Trump later acknowledged that a deal had been reached, calling it a milestone that might help stabilize the region and restore important economic and marine activity. The deal is expected to be accompanied by steps including the reopening of the Strait of Hormuz to international commerce, without any more restrictions or taxes. Trump said he also ordered the relaxation of maritime sanctions impacting Iran, including relaxing restrictions on Iranian ports and commercial vessels operating through the key waterway.The purported deal is one of the biggest diplomatic breakthroughs in the region since fighting broke out earlier this year. Now the implementation phase and the approaching formal signing ceremony are being closely observed by regional governments and international observers.If it closes as planned, the deal might be a key turning point in regional politics, opening the door for more diplomatic engagement after months of military confrontation and heightened tensions.
