Trump, Iranian President Ink Interim Peace Deal: Hormuz Reopens, Sanctions Lifted!
Trump, Iranian President Ink Interim Peace Deal: Hormuz Reopens, Sanctions Lifted!
Historic US-Iran interim peace deal signed by Trump and Pezeshkian! This 14-point agreement reopens the Strait of Hormuz, lifts sanctions, and aims for a lasting truce. Get the full details on this major diplomatic break
The United States and Iran have signed a significant 14-point interim agreement, marking a critical step towards de-escalation after nearly four months of conflict. The deal, inked by Presidents Donald Trump and Masoud Pezeshkian, extends a ceasefire by 60 days and lays the groundwork for final peace negotiations.
Taking immediate effect, the memorandum includes several pivotal provisions. Notably, it mandates an immediate end to hostilities on all fronts, including in Lebanon, and crucially, reopens the Strait of Hormuz for all shipping traffic. Furthermore, the agreement lifts US sanctions on Iran, unfreezes Iranian assets, and proposes a substantial $300 billion fund for post-war reconstruction efforts.
The conflict, which began on February 28 with US and Israeli attacks on Iran, has seen a digital signing of the agreement initially by US Vice President JD Vance and Iran's chief negotiator Mohammad Baqer Qalibaf. This was formally executed by President Trump and President Pezeshkian on Wednesday. President Trump also signed a hard copy during a dinner with French President Emmanuel Macron at the Palace of Versailles, while attending the G7 summit in France.
Despite the breakthrough, a note of caution was sounded. President Trump issued a warning that the US would resume attacks and target Iranian officials should Tehran fail to uphold its commitments outlined in the agreement. White House officials confirmed the agreement has been disseminated to Iran and mediating countries to ensure its formal implementation. While negotiating teams are still expected to gather in Geneva, the digital execution meant no physical signing ceremony was required in Switzerland for this initial interim deal.
