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DevelopingIran and US sign peace deal, Strait of Hormuz to reopen immediately, Pakistan says
Prime Minister Shehbaz Sharif makes the announcement, with a meeting between the two sides still reportedly expected to take place on Friday
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SCMP ReporterPublished: 8:48am, 18 Jun 2026Updated: 9:20am, 18 Jun 2026
Iran and the US have signed a peace deal that will take immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade, Pakistan’s Prime Minister Shehbaz Sharif announced.
Sharif, a chief mediator since the US and Israel entered the war with Iran at the end of February, made the announcement in a social media post on Thursday morning.
“The Memorandum has been signed by honourable Presidents of both the countries and also endorsed by me as the mediator,” he wrote.
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“The signing of this agreement at the highest level of the respective governments demonstrates the commitment of both sides to a diplomatic resolution of the conflict.”
A meeting between the US and Iranian delegations headed by Vice-President J. D. Vance and Iranian parliamentary speaker Mohammad Bagher Ghalibaf is still expected to take place as planned on Friday in Switzerland, according to US news site Axios.
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