President Donald Trump announced that the U.S. and Iran have signed a provisional agreement to end the current war [1].
The deal aims to resolve a conflict that began on Feb. 28, 2026 [1]. It is critical for global trade because it seeks to reopen the Strait of Hormuz, a primary artery for the world's oil supply.
Trump said the agreement is moving into a new phase and is close to being finalized [2, 3]. The provisional document was signed electronically by Trump, JD Vance, and an Iranian representative [1].
Earlier this month, reports indicated that the two nations had reached a preliminary agreement to extend a ceasefire for 60 days [4]. That preliminary step awaited the final approval of the president.
Trump previously signaled the proximity of a resolution in late May. "We are very close to closing a deal with Iran to put an end to the war," Trump said [3].
A formal signing ceremony is scheduled for Friday, June 19, 2026 [1]. The event is planned to take place in Geneva, Switzerland [1].
The diplomatic push follows months of volatility since the conflict erupted in February. The transition from a provisional electronic signature to a formal ceremony in Geneva marks a shift toward a permanent cessation of hostilities [1, 2].
“We are very close to closing a deal with Iran to put an end to the war”
The agreement represents a strategic attempt to stabilize global energy markets by securing the Strait of Hormuz. By moving from a provisional electronic signing to a formal international ceremony in Geneva, the U.S. and Iran are signaling a transition from a fragile ceasefire to a structured peace process, potentially altering the geopolitical landscape of the Middle East.
