The U.S. and Iran are expected to sign a memorandum of understanding to end combat operations and reopen the Strait of Hormuz [1, 2].

This agreement aims to stabilize one of the world's most vital maritime chokepoints, ensuring the flow of global energy and trade after a period of intense conflict.

President Donald Trump said the agreement is scheduled for signature tomorrow and the strait will be opened as soon as the document is signed [2]. Pakistani Prime Minister Shehbaz Sharif said an agreement is expected within 24 hours [1], adding that Pakistan is preparing for electronic signatures to expedite the process.

The proposed timeline suggests a signing deadline by 8 p.m. Japan time on June 14 [1]. The deal follows reports that the two nations had previously reached a provisional agreement involving a 60-day extension of a ceasefire and the immediate reopening of the strait [3].

However, the Iranian government has expressed uncertainty regarding the exact timing. A spokesperson for the Iranian Foreign Ministry said the signing might occur within a few days rather than specifically on June 14, noting that the attitude of the other party remains unstable [1].

This discrepancy follows earlier reports from late May suggesting that final signatures would require more time [4, 5]. Despite these conflicting timelines, the mediation led by Pakistan continues to push for a formal conclusion to the hostilities.

Under the terms of the memorandum, the primary objective is the cessation of fighting, and the restoration of navigation rights in the Strait of Hormuz [1, 2]. The U.S. administration has signaled that the reopening of the waterway is contingent upon the final execution of the document [2].

The agreement is scheduled for signature tomorrow, and the strait will be opened as soon as the document is signed.

The potential reopening of the Strait of Hormuz represents a significant geopolitical shift, as the waterway is essential for global oil shipments. While the U.S. and Pakistan are projecting a rapid resolution, the hesitation from the Iranian Foreign Ministry suggests that diplomatic friction remains. A successful 60-day ceasefire extension could serve as a critical cooling-off period to prevent further escalation in the region.