The United States and Iran agreed on a deal to halt the war between them.. The Strait of Hormuz is expected to open on Friday.
Last night, Pakistan's Prime Minister Shehbaz Sharif said the US and Iran "declared the immediate and permanent termination of military operations on all fronts, including in Lebanon".
He added an official signing ceremony would take place in Switzerland on 19 June .
US President Donald Trump said "The Deal with the Islamic Republic of Iran is now complete".
He also said in a post on Truth Social that he authorised "the toll free opening of the Strait of Hormuz", and the removal of the US blockade of Iran’s ports.
In a second post, he said the deal would "bring Peace and Security to the whole Region”, and that the opening of the strait would mean “oil will flow on both ends again for the Region, and the World".
Iran’s Deputy Foreign Minister Kazem Gharibabadi confirmed on state telelvision, that a deal with the US had been finalised and that the official signing would happen in Switzerland on Friday.
"An immediate and permanent end to the war and military operations on different fronts including Lebanon will be announced tonight," he said.
But questions will linger until the full final text is made public.
The president of the European Commission, Ursula Von der Leyen , said "freedom of navigation" in the Strait of Hormuz must be "toll-free"
Ursula von der Leyen, welcomed the agreement but says "the priority now is its swift and full implementation by all parties".
Von der Leyen says there should be an "immediate reopening of the Strait of Hormuz", describing freedom of navigation as "essential for regional stability and the global economy".
She adds the framework deal opens the door to broader negotiations on peace and security in the Middle East.
"And of course there can be no peace in the Middle East while Lebanon is in flames. Once again Europe calls on all parties to respect Lebanon's sovereignty and territorial integrity and implement a genuine ceasefire," von der Leyen says.
Von der Leyen goes on to say that European leaders who will be at the G7 this week in France will discuss the issue.
source:commonspace.eu with BBC (London) and agencies
