Following several days of uncertainty and back-and-forth military actions, Pakistan’s prime minister announced on Friday that the United States and Iran have reached an understanding on the provisions of a peace agreement.
“Setting aside the noise, we can confirm that a final, agreed upon text of the peace deal has been reached,” Prime Minister Shehbaz Sharif wrote on social media. He added that Pakistan, serving as a mediator, is now helping both sides determine the subsequent steps.
We are closer to a peace deal than ever before. With finalisation likely expected in the next 24 hours, Pakistan is preparing for the electronic signing of the peace deal immediately after, followed by technical level talks next week.
We would like to thank United States of…
— Shehbaz Sharif (@CMShehbaz) June 13, 2026
A high-ranking official from the Trump administration told reporters on Friday that the parties are 80 to 85 percent of the way toward finalising the accord, though some doubt remains about whether Tehran will ultimately approve.
“Their system is very complicated. Most of the people that we’ve been speaking to, and most of the people who have authority within their system, want to sign this deal, but not everybody,” the official said, on condition of anonymity.
The official also noted that no decision has yet been made regarding the timing or location of a signing ceremony.
The announcement coincided with indications from American and Iranian officials on Friday that an agreement is near, although details remain undisclosed.
Iranian Foreign Minister Abbas Araghchi wrote on social media that a deal has “never been closer,” while urging the press to refrain from speculation about its provisions. He referred to the document as the “Islamabad Memorandum of Understanding,” named after the site of US-Iran discussions in April.
President Donald Trump, who earlier in the day had accused Iran of disclosing incorrect information about the proposed terms, appeared to support Araghchi’s statement by reposting it on his own social media account.
If finalised, the accord would put an end to a conflict that has lasted several months, which began on 28 February when the United States and Israel carried out major military strikes against Iran’s political and military leaders, including Supreme Leader Ali Khamenei.
The war has had worldwide consequences, driving up fuel and commodity prices. Iran has retaliated against America and its regional partners, and both sides have effectively shut down the Strait of Hormuz—a Persian Gulf shipping route that previously handled roughly 20 percent of global oil supplies.
A fragile ceasefire was brokered in April, but hostilities resumed recently after Israel launched air raids on Sunday in southern Beirut targeting the Iran-backed militant group Hezbollah, prompting a fresh exchange of strikes between Iran and Israel.
Iranian forces shot down a US helicopter in the Strait of Hormuz on Monday, prompting Trump to retaliate. However, on Thursday, Trump announced on social media that he had called off the planned strikes for that day, asserting that a deal with Iran was imminent.
A US official, also speaking anonymously to discuss ongoing negotiations, confirmed on Friday that an agreement is near. The official said the deal would involve the reopening of the Strait of Hormuz, the dismantling of Iran’s nuclear programme, and the removal of its remaining enriched uranium.
Tehran will not receive immediate access to billions of dollars of its frozen assets held by the United States, the official said, but those funds could be released later if conditions are fulfilled. “This is what they agreed to. This is a performance-based deal,” the official said.
