In his social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.

The US vice-president is expected to take part in the signing ceremony if it goes ahead

Reports suggest Tehran secured most objectives, while US gains were mostly confined to reopening Hormuz

Pakistan is one of the key mediators between the U.S. and Iran as both sides have struggled to finalize a peace agreement since April.

Pakistan's prime minister, a key mediator in U.S.-Iran talks to end the war, said Saturday that a peace deal was closer "than ever before," and could be finalized "in the next 24…

Pakistan says two sides agreed on peace deal framework as Tehran does specify timing of signing

This comes hours after mediator Pakistan said that the peace deal finalisation was in its final stages and would be signed within 24 hours. | World News

Disputing Trump’s timeline, Iran’s foreign ministry publicly cautioned that the timeline could be slower.

Oil prices have surged as shipping in the Strait of Hormuz has been cut off.

Draft terms described by multiple sources indicate the US would begin releasing billions of dollars in frozen Iranian assets and waive sanctions on its oil exports, in return for…

US President Donald Trump says that the Strait of Hormuz will be 'opening for business very shortly'

The president announced the breakthrough shortly after Pakistan’s PM said both sides had agreed to end hostilities “on all fronts”, with a deal set to be formally signed on Friday.

Iran and the US have reached an agreement to halt the war “on all fronts” that could be formally signed on Friday, Pakistan’s PM Shehbaz Sharif says.

US president says he had 'fully' authorized toll-free opening of waterway, and immediate lifting of US naval blockade; Pakistan says agreement would halt military operations on…

The US and Iran have reached a peace deal after intensive talks, according to Pakistani Prime Minister Shehbaz Sharif.

The deal follows weeks of mixed messaging from both Washington and Tehran on the trajectory of the conflict.

President Donald Trump said the Strait of Hormuz would reopen upon the deal’s signing on Friday.

A document signing will take place Friday, with “pre-implementation discussions” expected in the interim, Pakistani Prime Minister Shehbaz Sharif said.

ISLAMABAD: The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since…

The U.S. and Iran are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Pakistan's prime minister said.

In a social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.