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Annuity Outlook

US-Iran Peace Deal Expected to Be Signed on Sunday as Donald Trump Announces Hormuz Strait Reopening

Donald Trump says a US-Iran peace deal is scheduled to be signed on Sunday. The agreement could reopen the Strait of Hormuz and ease Middle East tensions.

• Written by: Administrator• Published: June 13, 2026
US-Iran Peace Deal Expected to Be Signed on Sunday as Donald Trump Announces Hormuz Strait Reopening
Caption: US-Iran Peace Deal Expected to Be Signed on Sunday as Donald Trump Announces Hormuz Strait Reopening • Image rights reserved by Annuity Outlook.

Washington DC, June 14, 2026: A major diplomatic breakthrough may be on the horizon as United States President Donald Trump announced that a peace agreement between the US and Iran is scheduled to be signed on Sunday, potentially ending months of conflict and reopening the strategically crucial Strait of Hormuz.

The announcement came after Iran expressed caution regarding the exact timing of the agreement. Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated that officials would have to wait for confirmation of the final signing date, indicating that the memorandum of understanding was unlikely to be signed immediately.

Donald Trump Confirms US-Iran Deal Timeline

Taking to his social media platform Truth Social, President Donald Trump declared that the agreement was expected to be finalized on Sunday and that the Strait of Hormuz would be reopened for international shipping immediately after the deal comes into effect.

“The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL,” Trump wrote.

The Strait of Hormuz is one of the world's most vital maritime routes, carrying a significant portion of global oil and liquefied natural gas supplies. Its closure during the conflict raised concerns about energy markets and global economic stability.

Pakistan Plays Key Role as Mediator

Pakistan has emerged as a significant diplomatic mediator in the negotiations. Prime Minister Shehbaz Sharif stated that both sides were closer than ever to reaching a final agreement.

According to Sharif, the peace deal was likely to be finalized within 24 hours, with Pakistan preparing for an electronic signing ceremony followed by technical-level discussions in the coming week.

Iran’s Nuclear Program and Future Negotiations

In his statement, Trump also referred to Iran’s enriched uranium stockpiles, saying that the United States would deal with what he described as “Nuclear Dust” once stability was restored.

For decades, Western countries have accused Iran of pursuing nuclear weapons capabilities, while Tehran has consistently denied those allegations, maintaining that its nuclear activities are intended for peaceful purposes such as energy generation and scientific research.

Iranian Foreign Minister Seyed Abbas Araghchi earlier indicated that a broader agreement with the United States was close. He said the proposed deal included the reopening of the Strait of Hormuz and the removal of US restrictions on Iranian ports. However, discussions regarding Iran’s nuclear program are expected to continue separately at a later stage.

Background: How the US-Iran Conflict Escalated

The latest conflict began on February 28, 2026, following US and Israeli military strikes inside Iran. Tehran responded with attacks targeting Israel and US-aligned nations in the Gulf region and effectively shut down access through the Strait of Hormuz.

Although a ceasefire was agreed upon in April, tensions remained high as both Washington and Tehran continued intermittent military exchanges, including multiple rounds of retaliatory strikes during the past week.

Global Impact of the US-Iran Peace Agreement

If successfully signed, the agreement could mark one of the most significant geopolitical developments in the Middle East in recent years. The reopening of the Strait of Hormuz would help restore stability to international oil and gas markets, while the diplomatic breakthrough may reduce the risk of a broader regional conflict.

However, uncertainty remains as Iranian officials have not fully confirmed the timeline, and previous attempts to finalize a similar agreement have collapsed during the final stages of negotiations.

The world now awaits official confirmation of the signing, which could reshape relations between the United States, Iran, and the wider Middle East.

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About The AuthorAdministrator

Annuity Outlook contributor covering retirement policy, market indices, and pensions. Passionate about bringing clarity to complex financial concepts.