[82402] A dramatic agreement between the US and Iran: A multi-front ceasefire and the reopening of the Strait of Hormuz

A historic agreement between the US and Iran: A multi-front ceasefire and the opening of the Strait of Hormuz

After weeks of peak tension, US President Donald Trump announced the achievement of an agreement with Iran, which was confirmed by official sources in Tehran, including the Tasnim News Agency. According to the announcements, the parties reached agreements on an immediate and permanent ceasefire on all fronts, including in Lebanon. The Prime Minister of Pakistan, who was involved in the mediation, announced that the official signing ceremony will take place on June 19 in Switzerland.

As part of the understandings, as reported by the Mehr Agency and the state-owned Iranian news agency, the US committed to lifting the naval blockade on Iranian ports and releasing approximately 24-25 billion dollars of Iran's frozen funds. In return, Tehran committed to opening the Strait of Hormuz to free commercial passage without charging fees, and to freeze its nuclear program without producing or purchasing nuclear weapons, under international supervision. Trump emphasized that this is not a cash payment but the release of assets, and that the US could act regarding the Iranian nuclear program at a later stage.

While Iranian media channels presented the move as an "American surrender" and a strategic victory for the "Axis of Resistance," officials in the American administration defined the agreement as a victory for Washington intended to stabilize the region for the next 50 years. Conversely, Israeli news channels reported on criticism in Jerusalem, with Prime Minister Netanyahu conveying messages that Israel does not consider itself bound by the agreement if it harms its security, especially regarding the Lebanese arena.

The situation on the ground remains complex. The Fars Agency claimed that Tehran was close to responding to attacks in Lebanon, but backed down following "latest proposals" from Trump. At the same time, media outlets in Azerbaijan and Russia highlighted the immediate economic impact of the agreement on oil markets, with a sharp drop in the price of a barrel of Brent crude following the reports.