President Donald Trump announced that a deal between the U.S. and Iran to end the war will be signed Sunday [1].

The agreement is critical because it seeks to reopen the Strait of Hormuz, a strategic waterway essential for global commercial shipping and energy stability.

The signing is scheduled for June 14, 2026 [1]. According to reports, the process will be conducted electronically rather than through an in-person summit [2]. The primary objective of the accord is to cease hostilities and restore the flow of trade through the narrow corridor connecting the Persian Gulf to the open ocean [3].

While the administration has highlighted the deal's potential to end the Middle East conflict, some details remain contested among reporting outlets. One report suggests that Iran no longer seeks a nuclear weapon as part of the agreement [4]. However, other sources note that there has been no explicit mention of Iran abandoning its nuclear program in the current framework [2].

Mediators and officials from both nations have indicated that a preliminary peace deal could be finalized within days [3]. The move comes after a period of heightened tension and military engagement in the region.

Trump said the deal is ready to be signed to resolve the ongoing conflict [5]. The electronic nature of the signing reflects the continued diplomatic distance between Washington and Tehran, despite the progress toward a ceasefire.

A deal between the United States and Iran to end the war will be signed Sunday.

The reopening of the Strait of Hormuz is a pivotal economic move, as a significant portion of the world's petroleum passes through this chokepoint. If the deal successfully ends the war, it could stabilize global oil prices and reduce the risk of direct military escalation between the U.S. and Iran. However, the contradiction regarding Iran's nuclear ambitions suggests that while a ceasefire may be imminent, a comprehensive long-term security agreement remains fragile.