The United States and Iran have reached a peace agreement to end their ongoing war, with the signing scheduled for Switzerland [1, 2].

This agreement is significant because it aims to lift the naval blockade of the Strait of Hormuz and stabilize a volatile region. The deal represents a major diplomatic shift and a cessation of direct hostilities between the two nations [3, 4].

President Donald Trump praised the role of Pakistan in facilitating the agreement. Pakistani officials, including Prime Minister Shehbaz Sharif and Interior Minister Mohsin Naqvi, were credited as the primary mediators in the process [1, 5].

The signing of the agreement was scheduled for June 15, 2026 [1]. The process involved high-level diplomatic coordination to ensure the transition from conflict to a formal peace treaty.

However, the announcement has been met with some conflicting reports. An Iranian Foreign Ministry spokesperson, Esmaeil Baqaei, denied that a memorandum of understanding would be signed [6]. This contradicts statements from U.S. sources and reports from Fox News, which said the two nations had reached a deal and would proceed with the signing in Switzerland [1, 2].

Despite the contradiction, Pakistani officials have hailed the deal. Interior Minister Mohsin Naqvi praised the efforts of Field Marshal Asim Munir in support of the mediation process [5]. The deal's primary objectives include the restoration of maritime security, and the end of the U.S.–Iran conflict [3, 4].

The United States and Iran have reached a peace agreement and will sign it in Switzerland.

The involvement of Pakistan as a mediator suggests a strategic pivot in regional diplomacy, positioning Islamabad as a critical bridge between Washington and Tehran. If the agreement holds despite the Iranian Foreign Ministry's initial denial, it could lead to a significant decrease in oil price volatility by reopening the Strait of Hormuz and reducing the risk of a broader Middle Eastern conflict.