Pakistan Prime Minister Shehbaz Sharif has praised former US President Donald Trump and Iranian leaders for signing a peace memorandum, declaring that the Strait of Hormuz will reopen instantly. The memorandum was signed by Trump at the Palace of Versailles in France, following a dinner with French President Emmanuel Macron after the G7 summit.
Details of the Peace Memorandum
The agreement, reached on June 18, 2026, marks a significant step toward de-escalating tensions in the Middle East. Sharif commended both parties for their commitment to peace, emphasizing the positive impact on global trade and energy security. The Strait of Hormuz, a critical chokepoint for oil shipments, had been a flashpoint in recent months.
International Reactions
World leaders have responded cautiously, with many awaiting further details. The European Union welcomed the move, while analysts noted that the memorandum could reshape regional alliances. Sharif's statement underscores Pakistan's interest in stability, as the country relies heavily on energy imports through the strait.
The development comes amid ongoing diplomatic efforts to address longstanding disputes. Trump's involvement has drawn attention, given his previous tenure and controversial Middle East policies. Iran's leadership has yet to comment publicly on the specifics of the agreement.
Implications for Pakistan
Sharif highlighted that the reopening of Hormuz would alleviate economic pressures on Pakistan, which has faced high fuel costs. He called for continued dialogue to ensure lasting peace. The memorandum is seen as a potential model for future conflict resolution in the region.
