US, Iran Reach Breakthrough Deal as Strait of Hormuz Set to Open

International

US President Donald Trump said on Monday that a new agreement with Iran has already been signed, marking a major step toward easing tensions after months of conflict, according to Arab News. Speaking in Evian, France, alongside President Emmanuel Macron ahead of the G7 summit, Trump said the full text of the deal would be released soon, likely after a formal signing ceremony scheduled for Friday in Geneva.

Although Trump said he might not attend the ceremony, he confirmed that Vice President JD Vance would represent the United States. Vance earlier revealed that the agreement had already been signed digitally on Sunday, but stressed that no financial assets had been released to Iran as part of the initial deal.

At the center of the agreement is the reopening of the Strait of Hormuz, one of the world’s most critical oil shipping routes. Trump said the waterway is already partially open and is expected to be fully operational by Friday. Vance added that the US expects the strait to remain open without tolls in the long term, though technical details are still being negotiated.

The deal outlines a framework for ending hostilities between the two nations, following months of violence that began with joint US-Israeli strikes on Iran earlier this year. Thousands have been killed, and global energy markets have been shaken.

However, the agreement stops short of resolving all disputes. It postpones detailed negotiations over Iran’s nuclear program and may depend on a broader reduction of tensions in the region, including Lebanon.

Vance made clear that any sanctions relief for Iran would depend on its actions. He said Tehran must verifiably reduce its stockpile of highly enriched uranium and allow strict international inspections. Only then would economic restrictions begin to ease.

Iranian officials, including the foreign minister and the speaker of parliament, are expected to attend the Geneva signing. While the deal offers hope, many key details remain unsettled, leaving the path to lasting peace uncertain.