Iran, U.S. agree on ceasefire on all fronts, lifting of naval blockade: Iranian deputy FM

Gharibabadi said Iran and the United States will sign the finalized draft of a peace memorandum of understanding (MoU) in Switzerland on June 19, according to Iran’s semi-official Tasnim news agency.

Tasnim also cited a source as saying that the Strait of Hormuz will reopen following the signing ceremony in Switzerland.

Meanwhile, Iran’s state-run IRIB TV, also citing Gharibabadi, said Iran’s entry into a 60-day period of negotiations with the United States on its nuclear program and the removal of sanctions will hinge on the U.S. fulfillment of its preliminary commitments, which will be verified by Tehran from now until the signing ceremony.

The Strait of Hormuz is expected to reopen following the signing ceremony between U.S. and Iran in Switzerland.

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