The United States and Iran have reached a landmark peace agreement following intensive diplomatic negotiations, marking a major breakthrough in efforts to end months of military tensions and restore stability across the region.

The announcement was made by Pakistan’s Prime Minister, Shehbaz Sharif­, who revealed that both nations had agreed to the immediate and permanent cessation of military operations on all fronts, including in Lebanon. The formal signing ceremony is scheduled to take place on June 19 in Switzerland.

According to Sharif, the agreement is the result of extensive mediation efforts involving several regional and international stakeholders. He commended both Washington and Tehran for choosing diplomacy over continued conflict and acknowledged the roles played by Qatar, Saudi Arabia, and Türkiye in facilitating the talks.

The breakthrough comes after months of heightened tensions that raised concerns about regional security, global energy supplies, and international stability. Reports indicate that mediators will hold a series of meetings this week to prepare for technical discussions and implementation measures ahead of the official signing.

US President Donald Trump also announced that the agreement had been finalized and signaled steps toward reopening the Strait of Hormuz and removing the US naval blockade, developments that could have significant implications for global oil markets and international trade.

While details of the agreement have not been fully disclosed, the peace deal is being viewed as one of the most significant diplomatic developments in the region in recent years. Analysts say its success could reshape geopolitical dynamics and open the door for broader negotiations on other outstanding issues between the two countries.

The world will now turn its attention to Switzerland, where leaders and mediators are expected to gather on June 19 for the official signing of the agreement.