Key facts
- The United States and Iran have reached a peace deal to end their war.
- A formal signing ceremony is scheduled for June 19 in Switzerland.
- The deal includes lifting the U.S. naval blockade in the Strait of Hormuz.
- Fighting on all fronts, including Lebanon, is expected to end.
- President Donald Trump announced the U.S.-Iran peace deal.
- Israel launched new attacks in southern Lebanon after the deal was announced.
- President Trump cautioned Israel and Iran against undermining the peace deal.
- Israeli air strikes had delayed the signing of the peace deal.
- Iran's Foreign Ministry cast doubt on the signing of a separate Islamabad memorandum.
- Police arrested 14 people during protests outside an event marketing Israeli settlement homes in London.
The United States and Iran have finalized a peace deal to end their war, with a formal signing ceremony scheduled for June 19 in Switzerland. President Donald Trump announced the agreement, which includes lifting the U.S. naval blockade in the Strait of Hormuz and ending fighting on all fronts. The deal also reportedly limits Iran's nuclear enrichment and hinges on Iran not killing protesters. World leaders have welcomed the agreement, anticipating an end to regional conflict and economic pressure. However, Israel launched new attacks in southern Lebanon following the announcement, prompting condemnation from Iran, which questioned the U.S.'s ability to enforce the deal. President Trump cautioned both Israel and Iran against undermining the nascent agreement, stating that Israeli air strikes had delayed its signing. Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, also cast doubt on the signing of a separate Islamabad memorandum, citing hesitation from the other side and creating uncertainty. The preliminary deal aims to de-escalate regional tensions and ease economic pressure, with expectations of sanctions relief and an end to attacks on Lebanon. The reopening of the Strait of Hormuz is a key component, which has also contributed to a rally in Bitcoin. Despite the positive developments, some skepticism and concerns about implementation remain, with full terms and adherence uncertain.