Key Facts

• The US has dropped its naval blockade of Iran after the two countries signed a deal to end the war in the Middle East, with US Central Command confirming the lifting of the blockade on X "in accordance with the President's direction".
• Iran's Supreme Leader, Mojtaba Khamenei, initially disagreed with the deal but allowed it to go ahead after assurances from Iranian President Masoud Pezeshkian, and later stated that Donald Trump signed the deal "out of desperation".
• The deal sets out an immediate halt to military operations on all fronts and the reopening of the Strait of Hormuz, among other things, and does not give Iran any benefits until the country proves it will "comply fully and change their behaviour".
• US Vice-President JD Vance defended the deal, saying that Iran will not receive money or sanctions relief unless it meets obligations set out in the agreement, including destroying its stockpile of enriched uranium and showing it will not fund proxy groups in the region.
• The agreement centres around 14 core points, including an end to conflict "on all fronts", an end to the blockade, the reopening of the Strait of Hormuz, for Iran to never have a nuclear weapon, and commits a $300bn fund for the "reconstruction and economic development" of the country.