A framework deal to end the months-long conflict between the US, Israel and Iran has been reached, with the Strait of Hormuz expected to reopen and oil prices already tumbling in response.
The announcement came late on Sunday 14 June, when Pakistani Prime Minister Shehbaz Sharif confirmed that Washington and Tehran had agreed to end hostilities on all fronts.
Minutes later, US President Donald Trump posted on Truth Social, writing: "The Deal with the Islamic Republic of Iran is now complete."
Iran's Deputy Foreign Minister, Kazem Gharibabadi, confirmed the deal on state television, saying it put an "immediate end" to the war.
The conflict began on 28 February 2026, when US and Israeli forces launched coordinated strikes on Iran.
