Jauhn Etienne Villaruel

Sparks fly as bride and groom couples arrive for a public mass wedding ceremony at Imam Hossein Square in Tehran on May 18, 2026. Iran said on May 18 that it had responded to a new US proposal aimed at ending the war, adding that diplomatic exchanges continue despite Iranian media reports describing Washington's demands as excessive. Washington and Tehran have been swapping proposals in an effort to end the conflict which the US and Israel launched on February 28, but they have held only a single round of talks despite a fragile ceasefire. (Photo by AFP) /

Article (news)

Agence France-Presse

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px;display:block" width="960"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/17814748874451781474883023.jpeg" style="width:960px;display:block;height:auto" class="fr-fic fr-dib" width="960"/><span class="fr-inner" style="text-align:left">US President Donald Trump with his grand daughter Kai Trump attend Game Three of the NBA Finals between the San Antonio Spurs and the New York Knicks at Madison Square Garden in New York on June 8, 2026. Saul Loeb, AFP </span></span></span></div><div><br/></div><p>The United States and Iran agreed to a peace deal and an &quot;immediate and permanent&quot; end to military operations on all fronts including Lebanon, signaling the apparent end to more than three months of war in Middle East.</p><p>The initial announcement from mediator Pakistan was quickly confirmed by Washington and Tehran, and an official signing ceremony was scheduled for June 19 in Switzerland.</p><p>&quot;The Deal with the Islamic Republic of Iran is now complete,&quot; US President Donald Trump posted Sunday on social media as he marked his 80th birthday.</p><p>&quot;I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade.</p><p>&quot;Ships of the World, start your engines. Let the oil flow!&quot;</p><p>Soon after, Iran&#x27;s Deputy Foreign Minister Kazem Gharibabadi said in televised comments that the deal put an &quot;immediate end&quot; to the countries&#x27; war and that they would hold talks within two months to seek a &quot;final agreement.&quot;</p><p>Just hours earlier, Tehran had vowed to retaliate against a strike by Israel against Iranian ally Hezbollah in the suburbs of Beirut which threatened to push back an agreement.</p><p>But later in the day, Pakistani Prime Minister Shehbaz Sharif made the announcement: &quot;Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon.&quot;</p><p>He added thanks to leaders of Qatar, Saudi Arabia and Turkey for their support in the mediation effort.</p><div><br/></div><div><strong>DETAILS REMAIN UNCLEAR</strong></div><div><br/></div><p>The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of fresh hostilities unless Iran reached a deal, remained unclear.</p><p>Iran&#x27;s Mehr news agency reported that the US will release $12 billion in frozen assets to Iran before the start of negotiations.</p><p>It quoted a 14-point &quot;memorandum of understanding&quot; between the two nations, which it said stipulated &quot;the release of 24 billion dollars in frozen Iranian assets during the 60‑day negotiation period&quot; that begins after the MoU is signed.</p><p>The Trump administration did immediately comment on the details of the agreement, which may prove contentious as the US presses its effort to end Tehran&#x27;s nuclear ambitions and deal with its stockpile of highly enriched uranium -- believed to have been buried by US strikes last year.</p><div><br/></div><div><strong>&#x27;SEIZE THE MOMENT&#x27;</strong></div><div><br/></div><p>The announcement of the deal was greeted with international relief and hope for an enduring end to the conflict.</p><p>UN Secretary-General Antonio Guterres said it was a &quot;critical step&quot; toward resolving the war in the Middle East.</p><p>The United Kingdom, France, Germany and Italy said they were prepared to lift sanctions imposed on Iran and will work &quot;with the US, Iran and regional partners to seize this moment, maintain momentum and achieve a long-term diplomatic settlement.&quot;</p><p>The announcement also brought relief at market opening on Monday. Oil prices plunged more than four percent in Tokyo, and Japan&#x27;s Nikkei stock index jumped three percent.</p><p>The blockade of the Strait of Hormuz has had a worldwide economic impact, from inflated gas prices that have fueled inflation in the US and many other countries and congested supply chains for goods like fertilizer key to food production in areas far beyond the Middle East.</p><p>&quot;What we&#x27;re going to be able to do is drive down the cost of energy, not just now but for the long term, and create a real engine of prosperity in the Middle East,&quot; US Vice President JD Vance told Fox News.</p><p>He said that he planned to attend the signing of the peace deal, which was slated to take place in Geneva, and that it was possible Trump could also go.</p><div><br/></div><div><strong>ISRAELI STRIKE</strong></div><div><br/></div><p>It was a rollercoaster Sunday, with Trump in the morning angrily blaming Israel for delaying its signing with the airstrike on Beirut, which he said had delayed the agreement.</p><p>In an expletive-laden phone interview with US news outlet Axios, Trump had fumed about Israeli Prime Minister Benjamin Netanyahu, saying: &quot;I was so pissed off. I let him know.&quot;</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/m8XNgkiaQyk?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span>The last time Israel hit the Beirut suburbs, it sparked one of the strongest jolts yet to a ceasefire that has largely held since April, with Iran firing off a retaliatory missile barrage and Israel responding with strikes.</div><p>Tehran has long demanded that any agreement to halt the war must include the parallel conflict in Lebanon, where Israel has been pursuing a campaign against Iran-backed Hezbollah.</p><p>The war began in late February, with US-Israeli strikes on Iran, which retaliated with attacks on Israel and US allies in the region, and by virtually blocking ship traffic in the<a href="https://www.abs-cbn.com/news/world/2026/6/11/iran-says-will-target-any-vessel-traffic-in-strait-of-hormuz-0810"> Strait of Hormuz</a>, a vital route for global oil and natural gas supplies.</p><p>The US retaliated to that by blockading ship traffic to Iranian ports.</p><p>Trump said Sunday the strait would open after the ceremony in Switzerland.</p><div><a href="https://www.abs-cbn.com/news/business/2026/6/12/middle-east-war-sinks-global-growth-to-2-5-pct-lowest-since-covid-1501">Middle East war sinks global growth to 2.5 pct, lowest since COVID</a><br/><a href="https://www.abs-cbn.com/news/world/2026/6/15/oil-prices-down-more-than-4-after-us-iran-deal-to-open-hormuz-0832">Oil prices down more than 4 pct after US-Iran deal to open Hormuz</a><br/><br/></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/5gGgobivq8M?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>The United States and Iran agreed a peace deal and an "immediate and permanent" end to military operations on all fronts including Lebanon, mediator Pakistan said, in the strongest sign yet that more than three months of war in Middle East is drawing to a close.</p>

The United States and Iran agreed a peace deal and an "immediate and permanent" end to military operations on all fronts including Lebanon, mediator Pakistan said, in the strongest sign yet that more than three months of war in Middle East is drawing to a close.

US-Iran peace deal announced with 'permanent' end to military action

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US-Iran peace deal announced with 'permanent' end to military action

Agence France-Presse

Published June 15, 2026 06:04 AM PHT

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Updated June 15, 2026 12:30 PM PHT

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