US and Iran agreed to end the 107-day conflict as Donald Trump announced the Strait of Hormuz will reopen after a formal signing ceremony in Switzerland on June 19.
US President Donald Trump announced that Washington and Tehran have finalized a peace agreement aimed at ending the 107-day war between the two countries. The deal also includes reopening the Strait of Hormuz, one of the world’s most critical oil shipping routes, after a formal signing ceremony scheduled in Switzerland later this week.
Trump shared the announcement on Truth Social on Sunday evening. He said the agreement would remove the US naval blockade on Iranian ports and allow global oil shipments to resume through the strategic waterway. The announcement immediately eased pressure on international energy markets and raised hopes of stability across the Middle East.
Trump Announces End Of Naval Blockade
Trump declared that the “Deal with the Islamic Republic of Iran is now complete” and said the Strait of Hormuz would reopen on Friday after official signatures are exchanged. He also confirmed that the US Navy would lift restrictions around Iranian ports.
The Strait of Hormuz handles nearly one-fifth of the world’s oil supply. Any disruption in the region directly affects crude oil prices, shipping insurance costs, and energy security for countries across Asia and Europe.
The formal peace agreement between the United States and Iran is expected to be signed on June 19, 2026, in Switzerland. The Strait of Hormuz is scheduled to reopen on Friday following mine-clearing operations and security approvals.
What The Agreement Includes
The agreement creates a 60-day negotiation window between the US and Iran over Tehran’s nuclear enrichment activities and the disposal of highly enriched uranium stockpiles.
Officials involved in the talks said the negotiations were supported by international mediators including Pakistan and Qatar. Both countries previously helped secure a temporary ceasefire on April 8, which was extended multiple times until the final agreement was reached.
- Before: US naval blockade restricted Iranian shipping and tensions disrupted oil movement through the Strait of Hormuz.
- After: Peace agreement allows reopening of the waterway and removal of the blockade following official signing.
Israel Strike Raised Fresh Tensions Before Deal
Hours before the agreement was finalized, Israel reportedly carried out airstrikes targeting Hezbollah positions in Beirut. The strike briefly increased fears that the region could slide back into conflict.
Trump later confirmed that he held a tense conversation with Israeli Prime Minister Benjamin Netanyahu. He said he urged both Israeli leaders and Iranian negotiators to avoid actions that could trigger another round of attacks before the peace agreement is signed.
Leadership Changes Inside Iran During Conflict
The conflict caused major leadership losses inside Iran after joint US and Israeli attacks reportedly killed several top officials. Among those named were Supreme Leader Ayatollah Ali Khamenei, senior security official Ali Larijani, IRGC Commander Mohammad Pakpour, and Defence Minister Aziz Nasirzadeh.
According to reports, Mojtaba Khamenei, son of the late Ayatollah Khamenei, has taken over as Iran’s supreme leader. However, he has not appeared publicly since the conflict began.
- February 28, 2026: US and Israel launched attacks on Iran.
- April 8, 2026: Initial ceasefire agreement brokered.
- June 15, 2026: Trump announced peace deal completion.
- June 19, 2026: Official agreement signing scheduled in Switzerland.
- Friday: Strait of Hormuz expected to reopen.
Global Oil Markets React To Hormuz Decision
Energy analysts said the reopening of the Strait of Hormuz could stabilize global oil prices after months of volatility. Shipping companies and oil traders have closely watched the conflict because nearly 20 percent of the world’s crude oil supply passes through the narrow route.
Investors also reacted positively to the announcement because fears of a prolonged regional war had pushed up transportation and insurance costs in recent months.
- Trump announced completion of US-Iran peace deal.
- Formal agreement signing scheduled in Switzerland on June 19.
- Strait of Hormuz expected to reopen on Friday.
- US naval blockade on Iranian ports to end.
- Pakistan and Qatar helped mediate negotiations.
- US and Iran to negotiate nuclear issues during a 60-day window.
- Israel airstrikes briefly raised tensions before finalization.
Why The Strait Of Hormuz Matters
The Strait of Hormuz is one of the world’s most strategic maritime routes. Tankers carrying crude oil from Gulf nations pass through the narrow channel daily. Any disruption affects fuel prices, shipping routes, and global trade.
The reopening is expected to benefit oil-importing nations including India, China, Japan, and several European economies that rely heavily on Gulf energy supplies.
Frequently Asked Questions (FAQ)
Trump announced that the United States and Iran finalized a peace agreement to end the 107-day conflict.
According to Trump, the Strait of Hormuz is expected to reopen on Friday after the official signing ceremony.
The agreement is scheduled to be formally signed in Switzerland on June 19, 2026.
Pakistan and Qatar played important roles in mediating ceasefire talks and negotiations.
The Strait of Hormuz carries nearly one-fifth of the world’s oil supply, making it vital for global energy markets and international trade.
What Happens Next
The next major step will be the official signing ceremony in Switzerland. International observers will closely watch whether both sides follow the agreement terms, especially on nuclear negotiations and regional security.
The reopening of the Strait of Hormuz could reduce economic pressure on global markets and ease fears of a wider Middle East conflict. However, tensions remain sensitive after recent Israeli strikes and ongoing regional security concerns.
