The United States and Iran are expected to sign a peace deal on Sunday, June 14, 2026 [1].

The agreement aims to end hostilities between the two nations and reopen the Strait of Hormuz [1, 5]. This waterway is a critical global shipping lane, and its closure has significantly impacted international trade and energy security.

President Donald Trump said the U.S. is on track to sign the deal on Sunday and reopen the Strait of Hormuz [2]. The process has been facilitated by Pakistan Prime Minister Shehbaz Sharif, who acted as a key mediator in the negotiations [1, 3].

Prime Minister Sharif said Pakistan could sign the peace deal within 24 hours [4] and noted that the parties are ready for an electronic signing ceremony [4]. The use of an electronic format allows the leaders to finalize the agreement without a physical meeting in a neutral territory.

However, the timeline remains a point of contention. An unnamed Iranian official said the two sides have not finalized any agreement and remain cautious about the timing [3]. This contradicts the timeline provided by U.S. officials and the Pakistani government.

Despite the dispute from Tehran, multiple reports indicate the signing is scheduled for Sunday [1, 2, 3]. Other reports suggest the signing could happen even sooner, potentially within 24 hours [4].

The deal follows a period of intense diplomatic pressure and mediation efforts led by Pakistan to stabilize the region [1, 3]. The final terms of the agreement have not been fully disclosed, but the primary objective remains the restoration of maritime access in the Strait of Hormuz [5].

“We are on track to sign the peace deal on Sunday and reopen the Strait of Hormuz.”

The potential resolution of conflict between the U.S. and Iran, mediated by Pakistan, signals a shift in regional diplomacy. Reopening the Strait of Hormuz would remove a primary volatility point for global oil prices and maritime logistics, though the conflicting statements from Iranian officials suggest that implementation may still face diplomatic hurdles.