Details of the agreement were not immediately released, but it appeared that it would not be implemented until it is signed.

President Trump said the peace deal between the United States and Iran is complete and will be signed on Friday.

The United States and Iran reached an initial agreement early Monday to open the Strait of Hormuz and further extend a shaky ceasefire in the Iran war, potentially allowing desperately needed oil and natural gas to reach the global market.

The two countries agreed to end the war and reopen the Strait of Hormuz, easing pressure on the global economy after more than three months of fighting.

President Donald Trump says an agreement with Iran has been reached and the US will end its naval blockade on the country. Follow live updates.

Israel’s defense minister said Monday that Israel won’t withdraw from land seized in Lebanon as the interim deal between Iran and the United States is pending

President Trump on Sunday said on social media that a deal with Iran has been completed and that he's authorized the reopening of the Strait of Hormuz.

Iran pushed back on US President Donald Trump’s assertion an interim peace deal to reopen the Strait of Hormuz was imminent, as an Israeli strike on Lebanon posed a potential new risk to any agreement.