US-Iran ConflictCeasefire WatchJun 12, 2026, 2:35 PM· #67 of 151 in news politics

US and Iran Near Breakthrough Peace Deal to End War and Reopen Strait of Hormuz

President Trump called off planned military strikes against Iran, announcing a tentative agreement to extend a ceasefire, reopen the Strait of Hormuz, and initiate nuclear negotiations. While the US claims the deal could be signed this weekend, Iranian officials say the draft still awaits final approval from the Supreme Leader.

By Factlen Editorial Team

US Administration 35%Iranian Leadership 35%Israeli Government 15%Global Markets 15%
US Administration
Confident that a deal is imminent, claiming it secures the Strait of Hormuz and prevents a nuclear-armed Iran.
Iranian Leadership
Cautiously optimistic but maintaining that the draft is still under review and no final decision has been made.
Israeli Government
Skeptical of the memorandum, clarifying Israel is not a party to the deal and demanding the total dismantling of Iran's nuclear infrastructure.
Global Markets
Relieved by the prospect of de-escalation, reacting with a surge in equities and a sharp drop in energy prices.

What's not represented

  • · Lebanese Government
  • · European Union Mediators
  • · Gulf Arab States

Why this matters

A finalized peace deal would end a devastating three-month war that has destabilized the Middle East and threatened global security. Reopening the Strait of Hormuz would immediately lower global energy prices and ease inflation pressures on consumers worldwide.

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