Details of the deal, which would potentially allow desperately needed oil and natural gas to reach the global market through the critical waterway, were not immediately released. Iran signaled implementation would not start until the signing, which key mediator Pakistan said would take place Friday in Switzerland.

But the memorandum of understanding over the war already faced hurdles. Israel’s continued hostilities with the Iranian-backed militia Hezbollah in Lebanon, where Israel bombed Beirut’s southern suburbs Sunday, nearly derailed the negotiations. Israel joined the U.S. in launching the war on Feb. 28.

Meanwhile, the deal gives just 60 days to resolve what to do about Iran’s stockpile of highly enriched uranium and its atomic program. That took years to resolve in Tehran’s 2015 nuclear deal with world powers. U.S. President Donald Trump unilaterally withdrew America from that accord in his first term, setting the stage for the tensions that culminated in the war.

“Congratulations to all!” Trump wrote on social media as he celebrated his 80th birthday Sunday with a UFC cage match fight at the White House.

He added, “I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” which was imposed in retaliation for Iran’s grip on the crucial waterway.

He soon hedged, however, saying the strait wouldn’t open until Friday’s signing.

Iran’s deputy foreign minister, Kazem Gharibabadi, confirmed the agreement on state television but said Iran would not start implementing it until it was signed Friday. He said the deal followed talks with Qatar, another mediator.

Israel, which has insisted it be allowed a freehand to pursue Hezbollah as it occupies southern Lebanon and has extended its military operations into areas its forces haven’t been in a quarter century, did not immediately comment. Israel joined the U.S. in launching the war on Feb. 28.

Benchmark Brent crude oil fell more than $4 a barrel on the news as Asian stock markets rallied.

He added that mediators this week will facilitate meetings to “lay the foundation for the technical talks.”

Broader negotiations on outstanding issues like Iran’s nuclear program would continue over the next 60 days, two senior Pakistani officials said earlier Sunday, speaking on condition of anonymity because they were not authorized to discuss the matter publicly. If the sides fail to reach a resolution within that time, the timeline could be extended.

Iranian state television cited the secretariat of the Supreme National Security Council saying the war on all fronts “will end immediately and permanently beginning tonight” — but that the U.S. blockade “will be terminated immediately and in full.”

Qatari mediators later left Tehran following 17 hours of negotiations, said an official briefed on the developments who spoke on condition of anonymity due to sensitivity of the talks. Separate preparatory meetings with each side will take place in Doha this week, the official said.

It was not clear who from Iran would sign the deal on Friday. U.S. Vice President JD Vance told Fox News the White House was still figuring out who would attend: “I certainly plan to be there, but it’s possible the president himself could be there.”

But concern among Republicans in the U.S. could already be seen. They included U.S. Sen. Lindsey Graham of South Carolina, who described Vance as “the architect of the deal.”

“I am somewhat concerned that Iran’s view of the agreement seems different than what the American negotiating team is claiming,” Graham wrote online.

U.S. Rep. Gregory Meeks of New York, the top Democrat on the House Foreign Affairs Committee, said Congress would exercise oversight on any accord with Iran.

“We have seen time and again: War cannot change the Iranian regime,” he said.

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