GENEVA, SWITZERLAND — In a stunning diplomatic breakthrough, key details of a comprehensive 14-point peace agreement between the United States and Iran have emerged ahead of a formal signing ceremony at the G7 Summit. The deal, brokered with the mediation of Pakistan, promises to de-escalate months of severe tensions in the Middle East.

President Donald Trump, alongside global leaders in Évian-les-Bains, is slated to officially ink the historic memorandum. The agreement reportedly addresses critical issues, including the reopening of the Strait of Hormuz, which had been shut down amid escalating hostilities, and establishes a framework for long-term regional stability.

Vice President JD Vance and Secretary of State Marco Rubio have been instrumental in the negotiations, with Rubio previously issuing a stark ultimatum that the US would not allow Iran to hold the world hostage.

The announcement has sent ripples through global markets, particularly stabilizing oil prices that had surged during the conflict. As the world watches the G7 Summit, this diplomatic triumph stands as a defining foreign policy achievement for the administration, shifting the geopolitical landscape almost overnight.