Prime Minister Narendra Modi welcomed the U.S.-Iran peace deal, saying he is hopeful it will bring lasting peace. The accord is expected to be officially signed in Switzerland on June 19 to end the conflict and reopen the Strait of Hormuz.
PM Modi’s Message
In a post on X, Prime Minister Modi said the conflict in West Asia was causing an economic shock to many countries and costing many lives. He is optimistic that the peace settlement between the two nations will restore stability in the region and ensure seamless trade and shipping. Modi also said he looks forward to the remaining issues being resolved through dialogue so both countries can arrive at a long-term and sustainable agreement.
US and Iran Agreement – Initial Date
The United States and Iran reached an initial agreement on Monday to reopen the Strait of Hormuz and to retain the tenuous ceasefire that has been in place. The deal is seen as a significant step toward ending months of conflict that interrupted energy supplies and international trade. While the deal is still a framework, it is likely both countries will sign it on June 19.
WHY: Why the Strait of Hormuz Matters
The reopening of the Strait of Hormuz will be a relief to global markets, particularly Asian nations that depend heavily on oil shipments through the strategic waterway. Almost 90% of Asia’s oil imports passed through the Strait of Hormuz before the war started.
Donald Trump Says Agreements Have Been Signed
US President Donald Trump also confirmed that there was an agreement and the US naval blockade around Iranian ports in the Strait of Hormuz was ending. Trump congratulated both sides on social media and said global shipping could resume normal operations.
Iran Agree to Move Forward on June 19
Iran also agreed to the deal and stated it would not start to implement the deal until after it is officially signed on June 19. Officials said exchanges with regional mediators allowed both sides to achieve the breakthrough, and the war’s resolution is also being considered as a breakthrough that would help ease tensions between the countries. It is increasingly seen as a major diplomatic breakthrough that has the potential to boost stability, protect global trade routes, and ease tension on international energy markets.