US president Donald Trump and the president of Iran Pezeshkian have signed a peace deal aiming to end the war and reopen the Strait of Hormuz.
The agreement will take ‘immediate effect’ and also includes a plan for Iran’s ‘reconstruction’ and the US terminating ‘all types of sanctions’ on Tehran.
However, the issue of Iran’s nuclear programme – the main reason why Trump began his military campaign in February – remains under negotiation for a further 60-day period.
Trump has said the peace agreement will stave off an ‘economic catastrophe’ but threatened to ‘bomb the hell’ out of Iran if no final deal emerged.
Part of the agreement involves Iran making arrangements to ensure that traffic starts flowing through the Strait of Hormuz ‘immediately’.
Trump signed a physical copy on Wednesday while dining with French President Emmanuel Macron at Versailles, the palace where many historic agreements have been signed over the centuries, ending wars or territorial disputes.

‘It’s signed,’ Trump said as he left the dinner at Versailles, which followed his trip to the Group of Seven summit in France.