The United States and Iran have reached a framework to extend their ceasefire and lift shipping restrictions in the Strait of Hormuz.
This agreement aims to end a proxy war and restore commercial traffic through one of the world's most critical oil transit chokepoints. The deal follows negotiations in Switzerland mediated by Qatar and Pakistan.
According to reports, the framework was initially reached on May 28, 2026 [1]. The proposed deal includes a ceasefire extension of 60 days [2]. The agreement seeks to stabilize the region and ensure the safe passage of vessels through the strait, which has faced significant disruptions.
Despite the framework, the final implementation remains uncertain. The deal currently awaits the formal approval of President Donald Trump [2].
"We are very close to a deal but not there yet," Vice President JD Vance said to the BBC.
Earlier in the process, Pakistani Prime Minister Shehbaz Sharif indicated a more immediate timeline. "A document signing will take place Friday," Sharif said on May 28 [3].
However, reports from June 15 through June 21 indicate that talks continued well after that initial date [4, 5]. The discrepancy between the initial announcement of a signing and the current status suggests a complex ratification process.
"The United States and Iran have agreed on a framework to extend the ceasefire and lift restrictions on the Strait of Hormuz," Reuters reported [1].
U.S. officials and Iranian negotiators have worked to balance security concerns with the economic necessity of open waterways. The framework represents a tentative roadmap toward a more permanent diplomatic resolution between the two nations.
“"We are very close to a deal but not there yet," Vice President JD Vance said.”
The reliance on a final sign-off from the U.S. president underscores the fragile nature of the diplomacy. While the framework provides a technical roadmap for de-escalation and economic relief via the Strait of Hormuz, the actual lifting of restrictions depends on political will rather than diplomatic consensus. A 60-day extension serves as a cooling-off period to test Iranian compliance before a more permanent arrangement is sought.
