US President Donald Trump has announced that a preliminary agreement to end the conflict with Iran has already been signed, indicating that the specifics of the accord are expected to be made public "pretty soon".
"I am very happy to say it's signed, the deal is all signed," he stated during discussions with French President Emmanuel Macron at the G7 summit on Monday.
Senior US officials began outlining some details of the agreement, briefing that the Strait of Hormuz would reopen on Friday, coinciding with the formal signing of the deal in Geneva.
Technical discussions regarding Iran's nuclear program are anticipated to commence this week, they noted, while any sanctions relief or asset releases will be contingent on Iran fulfilling its commitments under the accord.
Vice-President JD Vance informed CNN's Jake Tapper on Monday that the memorandum of understanding (MOU) between the US and Iran was "about a page and a half" and served as a very broad document.
Vance added that many specifics would be resolved during subsequent negotiations.
"On a number of issues, we are going to have to figure this stuff out during the technical negotiation phase, but what the MOU does is set up a framework whereby the Iranians get the benefits of the bargain by meeting their obligations under the bargain," he said.
In "paragraph one" of the document, it is outlined that Iran will commit to "regional peace and stability," Vance said, which he noted included halting the funding of "terrorist organisations".
"Most importantly, they're going to have a verifiable commitment to not building a nuclear weapon," Vance stated.
US officials reported that the agreement had been signed electronically by Trump, Vance, and Iranian Parliament Speaker Mohammad Bagher Ghalibaf.
They also indicated that more details of the pact could be released by Wednesday, though Trump mentioned that the full text of the agreement would be released "pretty soon" after Friday's ceremony.
"It's a very powerful document, and I want it to be released. So probably pretty soon," the president said.
The deal will extend a ceasefire for an additional 60 days, during which the parties will negotiate the specifics of a final agreement.
Announcing the breakthrough on Sunday, Pakistan's Prime Minister Shehbaz Sharif, whose nation had been mediating, stated it included "the immediate and permanent termination of military operations on all fronts, including in Lebanon".
US officials said that while Lebanon was included in the ceasefire framework, the withdrawal of Israeli forces from Lebanese territory was not a condition of the deal. Israel would retain the right to self-defence, they added.
Speaking on Monday evening, Israeli Prime Minister Benjamin Netanyahu said Israeli forces would remain in security zones in Lebanon, Syria, and Gaza "as long as necessary" and retain the freedom to act against attacks.
He also told a news conference that Iran would not be permitted to obtain nuclear weapons, with or without a deal.
Netanyahu was speaking after Lebanese media reported a deadly Israeli strike on a car in the south, the first since the peace deal was announced. Hezbollah said it had fired missiles and drones at Israeli forces in response.
Trump on Sunday said he had ordered the immediate removal of a US naval blockade of Iranian ports and added that the Strait of Hormuz would be opened when the initial agreement was signed.
Taking to social media on Monday, he claimed that "ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz".
Iran's deputy foreign minister Kazem Gharibabadi confirmed the end of military operations in a phone call on Iranian state TV, which portrayed the framework deal as a victory for Iran.
Gharibabadi said that Qatari mediators held "nearly 14 to 15 hours of lengthy talks" in Tehran to reach the initial agreement.
Iran's top military command, Khatam al-Anbiya Central Headquarters, said that Iranians, together with the country's armed forces and Tehran's proxies and allies in the region, had shown the US and Israel that they had "no option but to accept defeat and surrender".
But Iran's foreign ministry said Tehran still held "deep mistrust" of the US and the agreement was "merely a step towards reducing tensions".
Lebanese President Joseph Aoun welcomed the announcement, saying in a statement that he looked forward to the understandings translating into "practical steps that will put a definitive end to the cycle of violence".
Key past sticking points have included Iran's nuclear enrichment and Western insistence that the country not possess a nuclear weapon, and Iran's desire for comprehensive sanctions relief and access to tens of billions of dollars in frozen oil revenues.
In a congratulatory joint statement, the leaders of the UK, France, Germany, and Italy said Iran "must never acquire a nuclear weapon" and that they were "prepared to lift relevant sanctions in response to clear, verifiable steps by Iran on its nuclear programme".
UK Prime Minister Sir Keir Starmer called the announcement "a hugely important step forward in ending the war, ensuring regional stability and re-opening the Strait of Hormuz".