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US, Iran to sign interim peace deal on Friday to trigger oil sanctions relief and full Hormuz reopening

By CityCalc Newsroom · Tue Jun 16 2026 · Source: Daily News Egypt

The United States and Iran will sign a temporary agreement on Friday in Switzerland to end the war, which will immediately allow Tehran to resume oil sales and see the Strait of Hormuz “fully open” by Friday, US President Donald Trump and other officials said on Tues…

The United States and Iran will sign a temporary agreement on Friday in Switzerland to end the war, which will immediately allow Tehran to resume oil sales and see the Strait of Hormuz “fully open” by Friday, US President Donald Trump and other officials said on Tues…

Curated by CityCalc from Daily News Egypt. Read the full article at the source.

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