ISLAMABAD (AP) — The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began.
Full details of the deal were not immediately available. The signing will be Friday in Switzerland.
U.S. President Donald Trump confirmed a deal had been reached and said he had authorized an end to the U.S. naval blockade of Iranian ports in the Strait of Hormuz.
“Congratulations to all!” he wrote on social media, without providing details. He added, “Ships of the World, start your engines. Let the oil flow!”
The U.S. previously said it would ease its blockade of Iranian ports as the strait reopens, and would agree to relax sanctions to allow Iran to sell more of its oil and strengthen its battered economy.
Iranian state TV showed a banner asserting: “US was forced to sign an agreement to end the war.” But Iran’s government had yet to comment.
Iranian state media reported key mediator Pakistan’s announcement of the deal, after a day in which Israel, sidelined from the negotiations, attacked Beirut’s southern suburbs while pursuing the Iranian-backed Hezbollah and posed a threat to the discussions nearing an end.
“Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon,” Pakistan said, adding that mediators this week will facilitate meetings to “lay the foundation for the technical talks.”
The deal came under criticism even in the final hours
The deal likely returns to a status that existed before the war, but with thousands of people dead and Iran wielding a new source of negotiating pressure with its ability to influence transits of the strait. The waterway is crucial to significant shipments of oil, natural gas and related products like fertilizer, and its effective closure rocked the global economy.
Of the stated targets by the U.S. and Israel when they launched the war on Feb. 28 with strikes that killed Iran’s supreme leader, Ayatollah Ali Khamenei, Tehran still has a missile program, support for armed proxies in the region like Hezbollah and a stockpile of highly enriched uranium for its nuclear program.
Khamenei’s son is now supreme leader, though he has not been seen in the public since the war began. His approval was needed for Iran to sign off on the deal.
Iran has wanted a ceasefire deal to include the fighting in Lebanon, where Israel has pushed its invasion deeper than at any point in over a quarter-century as it targets Hezbollah. Tehran also has sought the release of billions of dollars in frozen funds.
The emerging deal had been sharply criticized by Israel’s government and by critics in Trump’s own Republican Party. Some said it did not improve on the terms of the 2015 Iran nuclear deal that Trump withdrew the U.S. from during his first term and still describes as “bad.”
There was also apparent friction inside Iran in the hours before the announcement, as the government earlier Sunday warned that any division at home over the deal weakens its negotiating position. Iranian President Masoud Pezeshkian urged national unity and called it a “disgrace” when someone stands before parliament and calls anyone who negotiates a traitor.
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