US President Donald Trump announced that a deal with Iran has been signed and the text will be disclosed following the official signing ceremony scheduled for Friday. Trump also confirmed that the Strait of Hormuz will be fully reopened.
Speaking alongside French President Emmanuel Macron ahead of the G7 summit, Trump said he had arrived in the French town of Evian. He was uncertain whether he would attend Friday's ceremony but noted that US Vice President JD Vance would be present.
Trump emphasized that the deal is "fully signed" and mentioned that the strait is already partially open. "It will be completely open on Friday," he said, adding that the public release of the text will likely occur shortly after Friday.
The President stressed that any potential easing of sanctions on Iran will depend on Iran's behavior. He stated that the measures will come into effect if Tehran takes the expected steps.
No official response has yet come from Tehran following the announcement. The deal, announced overnight by the parties, was previously reported to be signed in an official ceremony in Geneva on Friday.
The details of the agreement have not yet been published. A US official, speaking on condition of anonymity, said they expect the provisions to be disclosed within 24 to 48 hours.
Statements from Trump and JD Vance have strengthened expectations that the strait will reopen and maritime traffic will return to normal. While Trump said ships have begun transiting, the US military has not yet confirmed lifting the blockade on Iranian ports.
According to the framework outlined by the parties, the Strait of Hormuz will reopen and a ceasefire will be extended for a 60-day negotiation period. During this time, contentious issues such as the future of Iran's nuclear program are expected to be addressed.
The situation in Lebanon is also seen as critical for the deal's outcome. Israel participated in the conflict that began with Iran in February but was not included in the talks. Iran insists that the agreement requires a complete halt to fighting on all fronts, including Lebanon.
Although clashes in southern Lebanon slowed after the announcement on Monday, they did not cease entirely. Lebanese state media reported that a vehicle in the town of Kfar Tebnit was struck by a drone, resulting in the driver's death.
Iranian Foreign Minister Abbas Araghchi stated that Israeli attacks in Lebanon must stop completely and wrote that the US is responsible for implementing the framework agreement. Hezbollah welcomed the deal, emphasizing that including Lebanon in the agreement is important for ending the war and protecting the country's rights.
Israeli Prime Minister Benjamin Netanyahu has not publicly commented on the deal. Defense Minister Israel Katz said Israel will remain "indefinitely" in the areas it occupies in southern Lebanon to eliminate militant threats, according to its assessment.
A senior Israeli official described the deal as "very bad" for Israel. Security sources reported that clashes in southern Lebanon decreased after the announcement but have not ended completely.
The news of the deal also impacted global energy markets. Oil prices dropped sharply amid expectations that disruptions in global energy supply may end, while some stocks reached record highs.
Trump had previously stated that the strait would open on Friday. In his latest statement on Monday, he said numerous oil-laden ships have already started passing through the Strait of Hormuz.