Prime Minister Narendra Modi on Monday welcomed the peace deal reached between the US and Iran, hoping it will “help restore peace” and “ensure freedom of navigation”. The agreement, reached to end the war and reopen the Strait of Hormuz, is scheduled to be signed in Switzerland on June 19.
Although the arrangement is still a framework at this stage, it still represents the largest progress towards ending the conflict that has killed thousands and disrupted global energy markets since it began after joint US-Israeli strikes on Iran in February.
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The reopening of the strait is also expected to ease concerns across Asia, which relied on about 90% of the oil transported through the key waterway before the conflict began.
Modi welcomes the US-Iranian agreement
In a statement published on X, the Prime Minister said he welcomed the peace agreement on ending the conflict in West Asia “which has caused serious economic disruption around the world and led to loss of life in many countries.”
He expressed his hope that implementing the agreement would help “help restore peace and stability in the region and ensure freedom of navigation and trade.”
He added: “We look forward to deliberations on the remaining issues to reach a final, sustainable agreement.”
The United States and Iran agree to a peace agreement that will be signed on June 19
The United States and Iran reached a tentative agreement early Monday to reopen the Strait of Hormuz and extend a fragile ceasefire in the US-Iran conflict.
Pakistan, the mediator, was the first country to announce the agreement, with Prime Minister Shehbaz Sharif saying, “The two sides announced an immediate and permanent cessation of military operations on all fronts, including in Lebanon.”
He added that the mediators will hold meetings this week to “lay the foundation for technical talks.”
US President Donald Trump later confirmed that an agreement had been reached and said he had agreed to end the US naval blockade of Iranian ports in the Strait of Hormuz.
“Congratulations everyone!” He wrote on social media without giving further details. He added: “Ships of the world, start your engines. Let the oil flow!”
It is still unclear who will represent Iran at the signing ceremony on Friday. US Vice President J.D. Vance told Fox News that the White House is still deciding who will attend. “I definitely plan to be there, but it’s possible that the president himself will be there,” he said.
Iranian Deputy Foreign Minister Kazem Gharibabadi also confirmed the agreement on state television but said that Tehran would not begin implementing it until it was officially signed on Friday. He said that this breakthrough came after discussions in which Qatar participated, which played the role of mediator.
With input from agencies
