The United States and Iran announced a framework peace deal on Sunday, June 15, 2026, to end their war and reopen the Strait of Hormuz [1, 2].

This agreement is critical because the Strait of Hormuz is a primary artery for global energy shipments. Restoring commercial shipping reduces regional tensions and stabilizes international oil markets by removing the threat of military blockades.

The memorandum of understanding was reached with the assistance of Pakistani Prime Minister Shehbaz Sharif, who acted as the mediator between the two nations [1, 2]. The deal seeks to halt military operations and establish a path toward ending the conflict [3, 4].

Statements regarding the agreement were released from Washington, Tehran, and Islamabad [1, 5]. While the framework aims to reduce hostilities, the diplomatic breakthrough follows a period of significant transition in Iran. The announcement comes 40 days after the death of Ayatollah Ali Khamenei [6].

Reports on the formal signing of the document vary. Some accounts said that U.S. President Donald Trump and Iranian President Masoud Pezeshkian signed the memorandum [7]. Other reports said that President Trump and Prime Minister Sharif posted about the deal's completion [1].

The agreement focuses on the immediate restoration of maritime traffic and the cessation of active combat [3, 4]. Regional actors, including Israel, have responded with mixed reactions to the deal as the U.S. and Iran move toward a ceasefire [3].

The framework peace deal aims to end the war between the United States and Iran.

The deal represents a strategic shift in Middle East diplomacy, leveraging Pakistan as a neutral third party to resolve a high-stakes military conflict. By prioritizing the reopening of the Strait of Hormuz, the U.S. and Iran are addressing global economic pressures and energy security, though the long-term stability of the agreement remains dependent on the internal political climate in Iran following the death of its supreme leader.