US, Iran to Sign Peace Deal on Friday: What We Know
The United States and Iran have agreed to a memorandum of understanding aimed at ending more than 100 days of conflict, with both sides confirming plans to officially sign the deal on Friday in Geneva.
Mediated by Pakistan and Qatar, the agreement includes an immediate halt to hostilities across all fronts, including Lebanon, where violence has intensified in recent months. Tehran said the naval blockade on its ports would be lifted, while US President Donald Trump announced the reopening of the Strait of Hormuz for global shipping.
The conflict began after US and Israeli strikes on Iran in February and has significantly disrupted global energy markets. Under the framework, military operations are expected to stop immediately, while broader negotiations on a final agreement will continue over a 60-day period.
Iran said further talks will depend on verification that the US has met its commitments, including ending hostilities, lifting restrictions, and addressing frozen assets. US officials described the deal as a major diplomatic breakthrough, while emphasizing that Iran must never acquire nuclear weapons.
