President Donald Trump announced Sunday that the United States and Iran have reached an agreement to end fighting and lift the U.S. naval blockade [1].

The deal is intended to reopen the Strait of Hormuz and de-escalate regional tensions following recent Israeli strikes [1, 5]. Because the strait is a critical artery for global oil shipments, the removal of the blockade could stabilize international energy markets and reduce the risk of a broader regional war.

Trump said the deal with the Islamic Republic of Iran is now complete [1]. He also warned involved parties, saying, "Don't blow it" [5].

Pakistani Prime Minister Shehbaz Sharif acted as a mediator to facilitate the agreement [1, 2]. The diplomatic effort aims to transition the current state of conflict toward a formal peace process through a scheduled diplomatic summit.

While one report suggested the agreement would be signed on Sunday, June 14, 2026 [1], other sources indicate the formal ceremony is scheduled for Friday, June 19, 2026 [3, 4]. The signing is expected to take place in Switzerland [3, 4, 5].

Prime Minister Sharif said the U.S. and Iran are expected to meet for the ceremony on Friday, June 19, in Switzerland [3]. The agreement marks a significant shift in U.S. policy toward the Islamic Republic, moving from a strategy of maximum pressure and naval containment toward a negotiated settlement.

"The Deal with the Islamic Republic of Iran is now complete,"

The agreement represents a critical pivot in Middle East geopolitics by prioritizing the flow of commerce in the Strait of Hormuz over naval containment. By utilizing Pakistan as a mediator, the U.S. has established a diplomatic channel to Iran that bypasses direct confrontation, though the success of the deal depends on the stability of the June 19 signing ceremony and the restraint of regional actors following Israeli military activity.