EVian-LES-BAINS, France — Group of Seven leaders endorsed a U.S.-Iran agreement to end their conflict and reopen the Strait of Hormuz, officials said on Wednesday.
The pact, announced earlier this week, aims to halt fighting that lasted more than three months and restore navigation through the critical waterway, which had been disrupted. President Donald Trump and Iranian officials described the framework deal as a step toward broader stability.
G7 leaders meeting in Evian-les-Bains welcomed the agreement as an opportunity to restore regional stability and stabilize the global economy. In a joint statement, the United Kingdom, France, Germany and Italy called for its rapid and comprehensive implementation, including the urgent reopening of the Strait of Hormuz with unconditional freedom of navigation.
"This combination creates a moment of opportunity," French President Emmanuel Macron said during the summit.
The deal includes extending a ceasefire, lifting a U.S. naval blockade on Iranian ports and initiating talks on Iran's nuclear program over the next 60 days, with potential sanctions relief tied to verifiable steps. A formal signing is expected soon in Switzerland.
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, a mediator alongside Pakistan, praised the breakthrough. European leaders reaffirmed support for Lebanon's sovereignty amid related regional tensions.
The Strait of Hormuz handles a significant portion of global oil shipments. Its closure had contributed to higher energy prices and supply concerns. Details on the exact timeline for full reopening and demining efforts remained under discussion.
Trump, attending the G7 summit, stated the deal was signed and emphasized its importance for global commerce. Markets reacted positively to the news, with oil prices declining.
The agreement does not fully resolve all issues, including long-term nuclear safeguards and broader Middle East dynamics. Officials from both sides are scheduled to meet to finalize terms.
No immediate comments were available from all parties on potential challenges to implementation. G7 nations signaled willingness to support maritime security operations if needed.
