US President Donald Trump on Tuesday announced a landmark peace deal with Iran that immediately lifts sanctions on Tehran’s oil and fuel sales in exchange for guarantees the Strait of Hormuz remains open, a major concession that sent global oil prices tumbling and drew sharp reactions from Washington to the Gulf.

Under the agreement, Iran will be permitted to resume oil exports immediately, with banking and transport sanctions waived to facilitate transactions, according to a framework memorandum of understanding to be signed in Paris on Friday . The deal follows weeks of intense negotiations at the G7 summit in Évian, where European leaders sought to finalise terms amid lingering uncertainty over enforcement mechanisms. Qatar, which has played a mediating role, described the accord as a “first step” rather than a final settlement, warning that restoring “business as usual” would take time even after the strait reopens .

Trump, speaking from the White House, framed the deal as a diplomatic victory but issued a stark warning to Tehran, declaring that “all hell will rain down” if Iran does not abandon its nuclear programme . The agreement marks a dramatic shift from Trump’s earlier policy of “maximum pressure,” which included crippling sanctions and military strikes in collaboration with Israel. Analysts noted that despite the bombing campaign, Iran emerged from the conflict militarily and economically stronger, forcing Washington to accept terms that critics argue fall short of pre-war benchmarks .

Oil markets reacted swiftly, with Brent crude futures dropping more than 3% as traders priced in the return of Iranian barrels to global markets . In Congress, reactions were lukewarm, with some Republican allies questioning the lack of transparency. Trump signalled he might send the full text to Capitol Hill for review, though no formal timeline has been set .

The deal’s immediate economic impact—combined with its geopolitical implications—has left regional stakeholders cautious. Qatar’s foreign ministry emphasised that the framework must be implemented carefully to prevent a relapse into conflict, while European diplomats at the G7 expressed relief that a direct US-Iran war had been averted but stressed that long-term stability remains fragile . For Trump, the accord represents a rare diplomatic breakthrough amid criticism that his administration’s Iran policy had been incoherent and ultimately ineffective .

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Articles

Iraner über das Kriegsende: „Die USA sind einen Kompromiss mit dem Mörder eingegangen Iran und USA wollen einen Frieden unterzeichnen. Für viele Menschen im Iran sind das keine guten Nachrichten. Vier von ihnen erzählen, warum sie hoffnungsloser sind als je zuvor.

tagesspiegel · 17 days ago

+++ Iran-Krieg +++: US-Friedensabkommen erlaubt Iran offenbar sofortigen Ölverkauf Iranische Schiffe nehmen offenbar Kurs auf heimische Häfen +++ Trump offen für Prüfung von Iran-Abkommen durch US-Kongress +++ Der Newsblog.

handelsblatt · 17 days ago

Iran says Lebanon ceasefire prerequisite for ending war with US-Israel Iranian Foreign Minister Abbas Araghchi said on Tuesday that an end to Israeli military operations in Lebanon constitutes a prerequisite for halting the war between Tehran and the US-Israeli alliance, with the ceasefire agreement set to take formal effect on Friday ahead of phased negotiations in Switzerland.

yenisafak · 17 days ago

Qatar emir projects $1tn trade partnership with US During the G7 summit in France, Qatars Emir Sheikh Tamim bin Hamad Al Thani told President Donald Trump that bilateral trade with the United States is expected to surpass $1 trillion. He also voiced optimism over the recent US-Iran agreement, which was mediated by Pakistan and is set to be signed in Switzerland.

yenisafak · 17 days ago

Uppgifter: Iran får exportera råolja Sanktioner mot Irans export av råolja ska lättas. Det uppges vara en del av uppgörelsen mellan Iran och USA i försöken att nå ett fredsavtal.Oljepriset sjönk ytterligare när uppgifterna blev kända.

svenska dagbladet · 17 days ago

EN DIRECT - Moyen-Orient : laccord entre lIran et les Etats-Unis signé vendredi en Suisse, Israël continue de frapper le Liban Le cadre daccord entre lIran et les Etats-Unis a été signé électroniquement lundi par Donald Trump, son vice-président JD Vance, et le président du Parlement iranien et principal négociateur de Téhéran, Mohammad Bagher Ghalibaf. Il sera paraphé manuellement près de Lucerne.

liberation · 17 days ago

Il resort Burgenstock: la lussuosa fortezza sul lago di Lucerna amata da Audrey Hepburn e James Bond La riservata struttura, di proprietà di una controllata del Qatar, ospiterà venerdì la firma del memorandum dintesa tra Usa e Iran. Nel 2024 era stata sede di un vertice sullUcraina con Zelensky e Kamala Harris e Giorgia Meloni

corriere · 17 days ago

Guerra in Iran, le news. Accordo Usa-Iran sarà firmato venerdì in un resort sul lago di Lucerna in Svizzera Il presidente Usa: Lo sottoporrò al Congresso. Due morti e un ferito in raid israeliano in Libano. Washington ha respinto la richiesta dIsraele di visionare il testo dellintesa

corriere · 17 days ago

WIFO-Chef sieht Hoffnung für Konjunktur WIFO-Chef Gabriel Felbermayr sieht das Iran-Abkommen zwischen Teheran und Washington – sofern es hält – positiv. Das sei jedenfalls etwas, was „uns konjunkturell und bei der Inflationsbekämpfung sehr helfen werde. Auch für das Doppelbudget sah Felbermayr am Dienstag im Ö1-Interview nun etwas bessere Chancen, dass es hält. Die Internationale Energieagentur (IEA) sieht eine Bedingung für die globale Erholung.

orf.at · 17 days ago

Brief aus dem Irankrieg: Manchmal habe ich das Gefühl, Iran zu verlieren Unsere Autorin hat in der Türkei in vorübergehendes Exil gefunden. Ewig möchte sie dort nicht bleiben, aber nach Iran kann sie noch nicht zurück. Und nun?

faz · 17 days ago

Straße von Hormus: Noch vertrauen die Reeder dem Frieden nicht „Starten Sie Ihre Motoren, ruft Donald Trump den Kapitänen der gestrandeten Schiffe vor dem Friedensabkommen zu. Doch bis auf ein paar Wagemutige bleiben die Reeder vorsichtig.

faz · 17 days ago

Podcast: „Auf den Punkt: Iran: Gefährdet Netanjahu Trumps Frieden? Iran und die USA einigen sich auf eine Waffenruhe. Aber sie könnte am israelischen Premier Netanjahu scheitern. Warum?

sueddeutsche · 17 days ago

The Trump-Iran Deal Allows Tehran to Immediately Sell Oil The agreement also waives banking and transport sanctions to facilitate transactions, an early financial benefit.

wsj · 17 days ago

US-Iran: Uncertainty over Iran deal looms large at G7 summit 🇺🇸🇮🇷 The question on everyones mind… Blicks Richard Werly tells #F24Debate uncertainty over the contents of Trumps #Iran agreement looms large at the Évian #G7summit ➡️

france24 · 17 days ago

Iran-US war latest: Trumps peace deal to allow Tehran to sell oil immediately if Strait of Hormuz stays open Reports suggest the deal would appear to offer Iran major concessions that would boost its economy

independent · 17 days ago

Oil prices drop as Trump heralds US-Iran peace deal

gdeltproject.org · 17 days ago

From JCPOA exit to the 2026 deal: How US-Iran ties soured under Trump Ties between the US and Iran have been strained through both of Donald Trumps terms as US president.

aljazeera · 17 days ago

Optics of peace first, details later: The US-Iran 60-day challenge Negotiators have yet to hold talks on key issues that have plagued US-Iran diplomacy for decades, say analysts.

aljazeera · 17 days ago

Israel went to war with Iran, but Netanyahu may be the loser Critics say PM Benjamin Netanyahus Iran war strengthened Tehran, strained US ties, and left Israel weaker.

aljazeera · 17 days ago

Qatar renews mediation efforts for regional stability after US-Iran deal Qatar says it is working to prevent a return to war, following the signing of the MoU between the US and Iran.

aljazeera · 17 days ago

Trump signals he could send details of Iran deal to Congress The peace deal announced Sunday is meeting lukewarm reactions from Congress, including some allies of President Donald Trump.

cnbc · 17 days ago

US and Iran deal to end war allows Tehran to sell oil and fuel – Middle East crisis live The countries are expected to sign a memorandum of understanding on Friday before proceeding to the next stage of talksFull report: Trump declares deal all signed as G7 leaders try to tie loose endsYou can follow all the latest developments from the G7 summit in our Europe live blog:We will be including any Iran-related news from the summit in our Middle East crisis live blog. Continue reading...

theguardian · 17 days ago

Qatar cautiously optimistic on US-Iran framework deal before Fridays signing Qatar said the framework agreement to be signed on Friday was a first step rather than a final settlement, adding that it would take time to return to "business as usual" even once the Strait of Hormuz reopens. Trump separately praised Qatars mediating role and its "great bravery".

euronews · 17 days ago

US-Iran deal allows Tehran to immediately sell oil upon signing, says US official reut.rs/4uJBR2a

bluesky bot · 17 days ago

Irans Qalibaf to lead delegation at US war deal signing Iranian Parliament Speaker Mohammad Bagher Qalibaf will head the delegation during the signing of a memorandum to end the war with the United States in Switzerland, while Deputy Foreign Minister Majid Takht-Ravanchi said details remain unclear and President Donald Trump announced Vice President JD Vance will attend the Friday ceremony in Geneva.

yenisafak · 17 days ago

Donald Trumps war on Iran was an incoherent failure A peace deal is welcome – but why was it not agreed months ago?

new statesman · 17 days ago

Trumps peace deal to allow Iran to sell oil and fuel immediately in major concession Trump had earlier warned Iran that all hell will rain down if it does not abandon its nuclear programme

independent · 17 days ago

US and Iran to sign peace deal in Swiss mountain resort Bürgenstock The memorandum of understanding between the United States and Iran on ending the war is due to be signed on Friday at Bürgenstock, a mountain resort in central Switzerland that played host to a Ukraine peace summit in 2024. +Get the most important news from Switzerland in your inbox The Swiss foreign ministry confirmed the location to news agency Keystone-SDA following a report in the Neue Zürcher Zeitung newspaper. The ministry said it has been in close contact with the US, Iran, Pakistan and Qatar for several days in order to facilitate a meeting to discuss the possible signing of a memorandum of understanding between the US and Iran, and to facilitate the arrival of delegations in Switzerland. The signing is currently scheduled for Friday in Bürgenstock. This location was proposed by the Pakistani and Qatari mediators, as well as by the United States and Iran, the ministry said. Switzerland is acting as a mediator and is creating the necessary practical and diplomatic ...

swissinfo · 17 days ago