Iran security council confirms US memorandum, says war ends immediately

US President Donald Trump hailed the agreement with Iran as a historic breakthrough, saying it would bring peace and security to the Middle East and reopen the Strait of Hormuz to commercial shipping.

"This Great Deal will bring Peace and Security to the whole Region," Trump wrote on Truth Social.

"Many presidents have tried to make Peace with Iran, and all have failed before me. The leaders of the region have, for the first time, found a President who can help them achieve real Peace."

Trump said the Strait of Hormuz would reopen upon the signing of the agreement on Friday.

British Prime Minister Keir Starmer welcomed the memorandum of understanding reached between the United States and Iran and said the UK stands ready to support the next phase of negotiations.

"I warmly welcome today's agreement reached between the United States and Iran," Starmer said.

He added that the UK was ready to support the technical talks.

"It remains the UK's firm and longstanding position that Iran must never have a nuclear weapon," he said.

Iran's Deputy Foreign Minister Kazem Gharibabadi said Tehran's commitments under the newly announced understanding with the United States will take effect from Friday.

Speaking after confirmation of the agreement, Gharibabadi said negotiations on a final deal would continue for 60 days and would focus primarily on the lifting of sanctions.

He added that Iran would enter the next phase of negotiations only after the unfreezing of Iranian assets, the end of the US-led blockade and the formal end of the war.

Iran's deputy foreign minister Kazem Ghribabadi said the immediate and permanent end of the war and military operations on multiple fronts, including Lebanon, will be announced starting tonight.

He added that negotiations on a final agreement between Tehran and Washington would take place over a 60-day period.

"The text of the memorandum of understanding will be published shortly, and the public will be able to see Iran’s achievements and commitments," he said. "Our commitments are not comparable to our gains."

Iranian officials are expected to comment shortly on reports of a possible understanding between Tehran and Washington, according to Tasnim News Agency.

The agency reported that Iranian officials would speak "within minutes" regarding reports circulating about a reported agreement.