New Delhi, June 15 -- The United States and Iran have reached a peace agreement after intensive negotiations on Sunday, with both sides committing to an immediate and permanent halt to military operations across all fronts, including Lebanon.

US President Donald Trump confirmed the deal, describing it as a major step towards stability in the region. Trump said the agreement would ensure uninterrupted access through the Strait of Hormuz. He also argued that, despite objections from Israeli Prime Minister Benjamin Netanyahu, the agreement had protected Israel from a potentially catastrophic outcome.

The draft includes the complete lifting of the US naval blockade within 30 days and the suspension of sanctions on Iranian oil and petrochemi...