Reuters reported, citing a senior U.S. official, that American and Iranian officials have signed a memorandum of understanding aimed at ending the conflict between the two countries.
According to the report, the memorandum was signed by U.S. President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Ghalibaf. The official said the primary objective of the document is to bring an end to hostilities between Washington and Tehran.
The precise terms of the memorandum have not yet been made public. However, Reuters reported that the agreement could include the reopening of the Strait of Hormuz and the lifting of the U.S. naval blockade on Iran, developments that could have significant implications for global energy markets and international trade.
The report said Iran has indicated that discussions regarding its nuclear programme will be addressed in a later phase of negotiations. It also suggested that elements of the agreement are linked to security developments in Lebanon and broader regional stability.
Reuters further reported that Israel has signaled it will maintain its positions in disputed areas and respond to any attacks linked to the evolving situation. Hezbollah welcomed the agreement, while Iranian Foreign Minister Abbas Araghchi said Israeli military operations against Lebanon should come to an end.
The reported agreement follows months of conflict that disrupted regional security and contributed to volatility in global energy markets. During the fighting, shipping through the Strait of Hormuz—one of the world’s most important oil transit routes—was severely affected, raising concerns about global energy supplies and economic stability.
According to previous statements by U.S. and Iranian officials, the emerging framework is expected to establish a ceasefire and create conditions for broader negotiations on unresolved issues, including sanctions, regional security arrangements and Iran’s nuclear programme. A formal signing ceremony has reportedly been scheduled for later this week in Switzerland.
The agreement has been broadly welcomed by several regional and international actors, including the United Nations, European governments and Gulf states, which have described diplomacy as the best path to reducing tensions and preventing further escalation in the Middle East.
