world 14 June 2026 Daily Monitor (Uganda)

US and Iran Agree to Preliminary Peace Deal, Strait of Hormuz to Reopen

The United States and Iran have reached a preliminary agreement to end their ongoing war, with plans to officially sign the pact on Friday in Switzerland. The deal includes the reopening of the crucial Strait of Hormuz shipping route. Source: https://www.monitor.co.ug/uganda/news/world/us-iran-reach-preliminary-agreement-to-end-war-signing-set-for-friday-5496448

A preliminary framework has been agreed upon by U.S. and Iranian officials to end the war, lift the U.S. blockade on Iran, and reopen the vital Strait of Hormuz. The announcement, made by U.S. President Donald Trump via his Truth Social platform and confirmed by Pakistani Prime Minister Shehbaz Sharif, marks a significant development in the conflict.

The memorandum of understanding is slated for official signing in Switzerland this Friday. While precise terms remain under wraps, initial reports suggest the agreement mandates the immediate and permanent cessation of military operations on all fronts, including in Lebanon, which has been a contentious point in negotiations.

President Trump stated that the Strait of Hormuz, a critical artery for global oil and gas supplies that Iran had effectively choked off for months, would reopen on Friday. He also announced the termination of the U.S. blockade on Iranian ports, urging international shipping to resume. This news had an immediate impact on the global market, with oil prices experiencing a notable decline.

Key issues such as sanctions relief for Iran and the future of its nuclear program are designated for further negotiations during an initial 60-day ceasefire period. The agreement comes after months of conflict that resulted in significant casualties, predominantly in Iran and Lebanon, and disrupted global energy prices. The war had also become a political challenge for the Trump administration ahead of upcoming elections.

International reactions have been cautiously welcoming, with leaders from the UK, Germany, France, and Italy expressing readiness to lift sanctions contingent on verifiable steps by Iran to limit its nuclear program. However, strong assurances regarding freedom of navigation in the Strait of Hormuz and a commitment against Iran acquiring nuclear weapons have also been emphasized.

https://www.monitor.co.ug/uganda/news/world/us-iran-reach-preliminary-agreement-to-end-war-signing-set-for-friday-5496448