Trump announces peace deal with Iran, declares Strait of Hormuz will reopen: 'Let the oil flow!'
U.S. and Iran Announce Peace Agreement, Promise Strait of Hormuz Re‑Opening
WASHINGTON, D.C. – On Sunday, President Donald Trump declared that the United States and Iran had reached a peace accord that would lift the U.S. naval blockade of Iranian ports and reopen the Strait of Hormuz, a waterway through which roughly one‑fifth of the world’s crude oil passes.
Trump posted the announcement on Truth Social, writing, “The Deal with the Islamic Republic of Iran is now complete.” He added that the Strait would be opened “toll‑free” and that the blockade would be removed immediately. “Ships of the World, start your engines. Let the oil flow!” he urged, noting that the strait would reopen once the parties formally signed the agreement on Friday.
The accord’s first public disclosure came from Pakistan’s Prime Minister Shehbaz Sharif, who has acted as a mediator. Sharif confirmed that a signing ceremony will take place in Switzerland on Friday and said the deal calls for an immediate and permanent end to all military operations in the region, including the ongoing conflict between Israel and the Iran‑backed Hezbollah in Lebanon. “Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon,” Sharif said.
Details of the agreement remain largely confidential. No provisions concerning Iran’s nuclear program have yet been released, and a separate 60‑day ceasefire period will precede further talks, according to Iran’s deputy foreign minister as reported by Reuters. The U.S. and Iranian officials plan to discuss the future of Tehran’s nuclear activities in upcoming negotiations, while President Trump has consistently maintained that Iran is incapable of producing a nuclear weapon and has pledged to block any such development.
Trump praised his administration for securing the deal. “This Great Deal will bring Peace and Security to the whole Region,” he said. “Many presidents have tried to make Peace with Iran, and all have failed before me. The Leaders of the Region have, for the first time, found a President who can help them achieve real Peace.” Sharif echoed the sentiment, thanking the U.S. and Iran for their commitment to diplomacy and acknowledging the support of Qatar, Saudi Arabia and Turkey in the mediation effort.
The accord formally ends a conflict that began on February 28, 2025, when Iran launched missile attacks that triggered a 12‑day war and prompted the United States to strike three Iranian nuclear sites. The hostilities disrupted about 20 % of the world’s oil shipments through the Hormuz Strait, inflating energy prices worldwide.
Mediators are expected to convene a series of meetings this week to lay the groundwork for technical negotiations and the official signing ceremony. While the final text of the agreement has not been released, observers note that the reopening of the strait could signal a significant easing of tensions in a region that has seen frequent flare‑ups for decades.
For the time being, the U.S. and Iran remain poised to transition from military engagement to diplomatic engagement, with the international community watching closely to see whether the promise of a lasting peace will materialize beyond the initial announcement.