After nearly four months of conflict, the vital Strait of Hormuz is set to reopen. The closure of this major trade route had caused global economic problems, including rising inflation and fuel shortages. On Sunday, a diplomatic agreement was reached between the United States and Iran to end their war.
Pakistani Prime Minister Shehbaz Sharif announced the breakthrough, stating that his government had acted as a mediator. He confirmed the peace deal on social media, thanking Saudi Arabia, Qatar, and Turkey for their support. US President Donald Trump confirmed the deal and ordered the end of the American naval blockade against Iran.
The agreement's main point is the immediate reopening of the Strait of Hormuz, which handles a large portion of the world's oil and natural gas. The conflict began on February 28, 2026, after US and Israeli strikes on Iranian targets, which resulted in the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. Iran retaliated by closing the strait and launching attacks.
A 60-day period for further negotiations has been set. These talks will focus on sanctions relief and Iran's nuclear program. A formal signing ceremony is planned for June 19 in Switzerland.
However, the peace remains uncertain. Fighting continues in Lebanon, with Israel and Hezbollah exchanging attacks. President Trump criticized the Israeli attack on Beirut. Israeli leaders have expressed skepticism about the deal, with some planning to maintain military presence in Lebanon. Prime Minister Benjamin Netanyahu has not yet commented publicly.
Despite regional tensions, international leaders have welcomed the news, hoping for economic stability. British Prime Minister Keir Starmer expressed hope for a lasting peace and offered support.