Trump says U.S. deal with Iran "is now complete," authorizes removal of Navy blockade of Strait of Hormuz

The U.S. and Iran have reached a deal that declares "the immediate and permanent termination of military operations on all fronts," President Trump and Pakistani Prime Minister Shehbaz Sharif said Sunday.

The two sides are expected to meet for a signing ceremony on Friday, June 19, in Switzerland, Sharif said.

In a statement posted to social media, President Trump declared that the deal with Iran "is now complete."

"Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade," Mr. Trump wrote. "Ships of the World, start your engines. Let the oil flow!"

Details of the agreement have not been released but the deal includes the end of military operations in Lebanon, according to Sharif. It was unclear if Israel had agreed to cease its military operations in Lebanon.

"With the agreement now in place, mediators will facilitate a series of meetings this week," the prime minister said. "These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony."

Iranian Deputy Foreign Minister Kazem Gharibabadi said the text of the memorandum of understanding between the U.S. and Iran has been finalized and confirmed it is scheduled to be signed Friday in Switzerland, Iranian state media reported Sunday.

According to the Tasnim news agency, Gharibabadi said the full text of the agreement would be made public after it is signed.

Tasnim reported Gharibabad said the agreement "does not signify trust in the enemy and was drafted in an atmosphere of continued distrust."