WASHINGTON/ISLAMABAD, June 15— The United States and Iran have agreed to an interim peace deal following intensive negotiations mediated by Pakistan and regional partners, marking a potentially significant breakthrough after nearly four months of conflict that rattled global markets and heightened fears of a wider regional war.
The announcement was made Sunday by Pakistan’s prime minister, who said mediators had successfully facilitated an agreement between Washington and Tehran to immediately halt military operations.
“Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and the Islamic Republic of Iran has been reached,” the prime minister said in a statement. “Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon.”
The agreement is expected to be formally signed during an official ceremony on Friday, June 19, in Switzerland, according to Pakistani officials involved in the negotiations.
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U.S. President Donald Trump also confirmed that a deal had been reached, describing it as a major step toward restoring stability in the region. Trump had earlier indicated he hoped an agreement could be finalized by Sunday, though negotiators continued discussions before announcing the breakthrough.
Neither Washington nor Tehran immediately released the full text of the accord, and officials from both sides declined to provide a detailed list of commitments included in the agreement. Diplomatic sources said technical teams would continue discussions throughout the week to finalize implementation mechanisms and verification procedures.
Pakistan credited several regional actors for helping secure the deal, including Qatar, Saudi Arabia and Türkiye.
“We would like to thank the United States of America and the Islamic Republic of Iran for their commitment to finding a diplomatic solution to the conflict,” the Pakistani prime minister said. “We also extend our sincere appreciation to the leadership of the State of Qatar, as well as the Kingdom of Saudi Arabia and the Republic of Türkiye, for their immense contributions.”
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According to officials familiar with the talks, mediators will oversee a series of meetings in the coming days aimed at preparing for implementation. These discussions are expected to address military de-escalation measures, humanitarian access, prisoner-related issues and mechanisms for preventing future confrontations.
Regional Impact
The reported cessation of military operations includes fronts beyond direct U.S.-Iran hostilities, notably Lebanon, where tensions had intensified during the broader conflict. Analysts said the inclusion of Lebanon could significantly reduce the risk of further regional escalation.
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Financial markets reacted positively to reports of the agreement, with investors closely watching developments amid concerns over energy supplies, shipping routes and broader economic instability linked to the fighting.
Diplomats cautioned, however, that major challenges remain. Previous efforts to reduce tensions between Washington and Tehran have faced setbacks, and the success of the latest agreement will depend largely on implementation and sustained political commitment from both governments.
US Iran Peace Deal Background
The conflict began nearly four months ago amid escalating military exchanges and growing regional tensions. The fighting triggered international concern, disrupted trade flows and fueled fears that additional countries could be drawn into the confrontation.
Multiple rounds of negotiations were held over recent weeks, with Pakistan emerging as a key mediator. Qatar, Saudi Arabia and Türkiye also played prominent diplomatic roles, according to officials involved in the process.
While details of the accord remain limited, diplomats described the agreement as an interim framework designed to stop active hostilities and create conditions for broader political dialogue.
What Comes Next
Attention now turns to the planned June 19 signing ceremony in Switzerland, where representatives from both countries are expected to formally endorse the agreement.
Until then, technical negotiations and pre-implementation meetings will continue under mediator supervision. Officials expressed cautious optimism that the process could pave the way for a more comprehensive settlement and help stabilize a region that has endured months of uncertainty and conflict.

