The United States and Iran have reportedly reached a peace agreement aimed at ending months of conflict across the Middle East, with plans underway to reopen the strategic Strait of Hormuz, one of the world’s most important oil shipping routes.
According to reports, the agreement is expected to be formally signed in Geneva, Switzerland, with both sides agreeing to halt military operations across multiple fronts, including tensions linked to Lebanon.
US President Donald Trump announced that the deal had been completed, stating that the reopening of the Strait of Hormuz would allow global oil shipments to resume normally after months of uncertainty that rattled energy markets.
Iran’s Deputy Foreign Minister, Kazem Gharibabadi, also confirmed that the agreement would bring an immediate end to hostilities and pave the way for further negotiations aimed at reaching a long-term settlement.
While details of the agreement remain limited, reports suggest discussions are ongoing regarding Iran’s nuclear programme and the future of its uranium enrichment activities, which remain one of the most sensitive issues between both countries.
The development has been welcomed by world leaders, with United Nations Secretary-General António Guterres describing the agreement as a major step toward restoring peace and stability in the region.
The announcement also triggered positive reactions in global markets, with oil prices reportedly falling sharply while major stock markets recorded gains amid hopes of reduced geopolitical tensions.
If fully implemented, the deal could mark one of the most significant diplomatic breakthroughs in the Middle East in recent years, easing pressure on global energy supplies and reducing fears of a wider regional conflict.
Source: AFP
