US-Iran deal takes 'immediate effect' after both sides sign, Pakistan PM Shehbaz Sharif says

US-Iran peace deal: A deal to end the war in Iran is now in effect as leaders from the United States and Iran have signed the agreement. Pakistan's Prime Minister Shehbaz Sharif announced the immediate effect. The Strait of Hormuz will reopen and the naval blockade will be lifted. A formal signing ceremony will take place in Switzerland on Friday.