President Donald Trump announced Sunday, ahead of a White House UFC event, that a peace deal with Iran had finally been reached.
Iran’s Supreme National Security Council also announced Sunday that Tehran and Washington have finalized a memorandum of understanding aimed at formally ending the conflict after months of negotiations, according to multiple reports.
In a statement, the council said all military operations across several theaters, including those involving Iranian-backed forces in Lebanon, will cease “immediately and permanently” beginning Sunday night.
The council also said the U.S. would fully lift its naval blockade of Iran, which would take effect immediately, according to Iran International.
Under the reported framework, negotiations on a broader and more comprehensive agreement will begin only after both sides have fulfilled the commitments outlined in the initial memorandum.
Iranian officials also thanked Pakistan and Qatar for their roles in facilitating talks and helping broker the agreement.
The memorandum is reportedly scheduled to be formally signed on June 19 and would launch a 60-day negotiating period focused on Iran’s nuclear program and the terms of a wider long-term agreement between the two countries.
“The Deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump wrote on his Truth Social platform.