The U.S. and Iran announced a preliminary agreement on June 21 to end their months--long war and reopen the Strait of Hormuz to global shipping, the Reuters website reports today (June 24,2026).
The memorandum of understanding is set to be signed on June 26 in Switzerland.
U.S. President Donald Trump declared the agrement complete in a June 21evening post on his Truth Social platform. "The Deal with Islamic Republic of Iran is now complete," he wrote,adding that ships should prepare to move as the strait reopens on June 26.
The conflict began in February, when the U.S.and Israeli forces launched coordinated strikes on Iran following the regime's violent crackdown on domestic protests that saw thousands of civilians killed.