The United States and Iran have reached a peace agreement, according to Iranian state media reports published on June 15, 2026. The announcement came after Pakistan’s Prime Minister Shahbaz Sharif declared that both nations had concluded negotiations. U.S. President Donald Trump confirmed the deal on Truth Social, stating that the Strait of Hormuz would reopen for toll-free navigation and that U.S. naval blockades would be lifted immediately.

Details released by Iran’s semi-official Mehr News Agency include a permanent ceasefire across all fronts including Lebanon, U.S. non-interference in Iran’s internal affairs, withdrawal of American forces, and lifting of sanctions on Iranian oil and energy exports. The agreement also outlines a U.S.-led reconstruction plan worth at least $300 billion and Iran’s renewed pledge not to develop nuclear weapons. Final ratification is expected through a United Nations Security Council resolution.

Reports indicate that Israeli right-wing media have sharply criticized Trump’s decision, viewing it as a strategic setback for Israel and a political victory for Tehran. The deal may compel Israel to halt its military operations in Lebanon, marking a shift in regional alignments.