Washington: US President Donald Trump has declared that a peace agreement between the United States and Iran has been finalised, describing it as a major diplomatic breakthrough that could ease tensions across West Asia and restore stability to global energy markets.
In a statement shared on his social media platform Truth Social, Trump announced that the Strait of Hormuz would be reopened for unrestricted international shipping and that the US naval blockade in the region would be lifted with immediate effect. He said the decision would allow commercial vessels to resume normal operations and ensure the uninterrupted movement of oil supplies.
The announcement follows days of intense diplomatic engagement involving several regional players. Pakistan Prime Minister Shehbaz Sharif also confirmed that negotiations had resulted in an agreement between Washington and Tehran, adding that both sides had agreed to permanently halt military operations, including those linked to developments in Lebanon.
Sharif credited mediation efforts by Qatar, Saudi Arabia and Türkiye for helping bridge differences between the two countries. He noted that technical consultations and preparatory meetings would be held before the formal signing ceremony.
Earlier indications from the White House suggested that the agreement had briefly faced delays after fresh hostilities in Lebanon complicated the diplomatic process. Trump had reportedly expressed disappointment over military developments that occurred just as negotiators were nearing consensus.
According to the US administration, the proposed accord is expected to include provisions aimed at preventing Iran from developing nuclear weapons while strengthening international monitoring and inspection mechanisms related to its nuclear programme.
Despite announcements from Washington and Islamabad, Iranian authorities have yet to officially confirm the agreement or disclose details of the reported understanding.
If implemented, the accord could mark a significant shift in regional geopolitics by reducing military tensions and reopening one of the world’s most critical maritime trade corridors, through which a substantial share of global oil shipments passes each day.