Trump Announces Iran Deal and Lebanon Ceasefire as Details Remain Phased In

On the U.S. president’s 80th birthday, Pakistan announced that it had brokered a “peace agreement” between the United States and Iran, and within minutes Donald Trump and Iranian state television confirmed it. The deal is described as a 60-day memorandum of understanding, not a final peace treaty, and it also includes an immediate ceasefire in Lebanon. Israel had not publicly responded as of the report.

Pakistani Prime Minister Shehbaz Sharif said the formal signing will take place in Switzerland on Friday, June 19. He said both sides had declared an immediate and permanent end to military operations on all fronts, including Lebanon, and that mediators would help arrange a series of meetings this week once the agreement takes effect. Trump initially said the U.S. naval blockade on the Strait of Hormuz would end immediately, then changed his statement after Iran said its commitments would begin only after Friday’s signing.

In posts on Truth Social, Trump wrote, “Sailors of the world, man your ships. Let oil flow!” He later said opening Hormuz after the signing would allow oil to move again and claimed the deal would bring peace and security to the region. In interviews, he attacked Prime Minister Benjamin Netanyahu over the Beirut strikes, saying, “Bibi did not need to do it,” and later added that Israel would not exist for long if Iran had nuclear weapons. Vice President JD Vance called the agreement a major moment, saying Hormuz would open, Iran would never get a nuclear weapon, and energy prices would fall.

Iranian outlets also confirmed the deal, while framing it as a win for Tehran. Iranian officials said the ceasefire and military halt would begin immediately and permanently from that night, but the final understanding would be signed Friday, with a 60-day period for talks on a final accord. Iranian officials said the negotiations would focus on nuclear issues, sanctions relief, and economic reconstruction, while the issue of Iran’s missiles and support for resistance groups was removed from the agenda.

The published terms cited by Iranian media include a full halt to fighting on all fronts, U.S. recognition of Iranian sovereignty, lifting the naval blockade within 30 days, reopening Hormuz under Iranian arrangements, suspension of sanctions on oil and petrochemicals, and $24 billion in unfrozen Iranian funds during the 60-day period, half of it before talks begin. The final agreement would need UN Security Council approval, while both sides would be barred from escalating forces or imposing new sanctions during the talks.