The United States and Iran are expected to sign a peace agreement Sunday, June 14, 2026, to end their three-month war [1].
This deal is critical because it intends to lift the blockade on the Strait of Hormuz. As one of the world's most strategic maritime chokepoints, the reopening of the strait is essential for stabilizing global energy markets, and easing regional economic pressure.
President Donald Trump said the agreement to end the war with Iran will be signed on Sunday, followed by the opening of the Strait of Hormuz [2]. Trump said the waterway will be reopened immediately once the memorandum of understanding is signed [3].
Negotiations for the accord have taken place in Qatar [4]. The conflict, which has lasted nearly three months [5], has seen escalating military action and significant diplomatic tension between Washington and Tehran.
While primary reports focus on the bilateral agreement, some regional reports have noted other international perspectives. Pakistani Prime Minister Shehbaz Sharif said the peace deal on Saturday [6], though major international news agencies did not list Pakistan as a direct party to the negotiations.
President Trump said the deal could be signed as soon as this weekend [7]. The imminent signing marks a pivot away from the military flare-ups that have characterized the recent conflict near the Strait of Hormuz [4].
“"The agreement to end the war with Iran will be signed on Sunday"”
The resolution of the US-Iran conflict and the reopening of the Strait of Hormuz would remove a primary catalyst for global oil price volatility. By transitioning from military confrontation to a signed memorandum of understanding, both nations seek to avoid a prolonged war of attrition while restoring the flow of commercial shipping through a critical global artery.
