– Évian-les-Bains, France
The United States and Iran have reached a preliminary agreement to end their recent conflict. The agreement includes the reopening of the Strait of Hormuz to commercial shipping and the lifting of the US naval blockade of Iranian ports. The formal signing ceremony is scheduled for Friday in Geneva.
President Trump declared the framework agreement finalized during the G7 summit in France. The pact also extends the existing ceasefire for 60 days and opens the door to future talks on Iran's nuclear program.
However, significant uncertainties remain. The full text of the agreement has not been released, and key issues such as the lifting of sanctions, nuclear limits, and the Israeli military presence in Lebanon remain unresolved. Oil prices fell sharply following the announcement.
For now, the agreement offers hope for de-escalation after months of tensions that have disrupted global energy markets. Analysts say its success will depend on how both sides handle the numerous outstanding details in the coming weeks.