US, Iran reach peace deal, signing ceremony on June 19

The U.S. naval blockade against Iran will be lifted as of tonight and the immediate and permanent end of the war and military operations on all fronts, including Lebanon, is announced, Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi said early Monday, reported Xinhua.

Gharibabadi said Iran and the United States will sign the finalized draft of a peace memorandum of understanding (MoU) in Switzerland on June 19, according to Iran's semi-official Tasnim news agency.

Tasnim also cited a source as saying that the Strait of Hormuz will reopen following the signing ceremony in Switzerland.

Meanwhile, Iran's state-run IRIB TV, also citing Gharibabadi, said Iran's entry into a 60-day period of negotiations with the United States on its nuclear program and the removal of sanctions will hinge on the U.S. fulfillment of its preliminary commitments, which will be verified by Tehran from now until the signing ceremony.

Earlier, Pakistani Prime Minister Shehbaz Sharif announced early Monday that the United States and Iran had reached a peace agreement following intensive negotiations, with an official signing ceremony scheduled for June 19 in Switzerland.

In a statement on X, Sharif said both sides had declared the "immediate and permanent termination of military operations on all fronts, including in Lebanon."

The prime minister said mediators will facilitate a series of meetings this week aimed at preparing for the implementation of the agreement.

Sharif said these pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony.

The prime minister thanked the United States and Iran for their commitment to a diplomatic resolution of the conflict and expressed appreciation for the role played by regional partners in the mediation process.

U.S. President Donald Trump also said minutes later that the U.S.-Iran deal "is now complete" and that he has authorized the immediate removal of the U.S. naval blockade against Iranian ports.