June 16, 2026 10:39 AM
US and Iran agree on peace framework; formal signing set for Geneva
A major diplomatic breakthrough has raised hopes of a broader de-escalation in West Asia after the United States and Iran announced a framework agreement aimed at ending nearly four months of conflict. Officials from both countries confirmed that a memorandum of understanding has already been signed electronically, with a formal signing ceremony scheduled to take place in Geneva, Switzerland, on Friday. The agreement is expected to pave the way for reopening the Strait of Hormuz, restoring marit...


