US and Iran Agree to Peace Deal, Strait of Hormuz to Reopen
Quick Look
- US President Donald Trump announced a peace deal with Iran, ending their war and lifting the US naval blockade.
- The Strait of Hormuz will be reopened, allowing oil to flow.
AI-generated summary
Why It Matters
The United States and Iran have agreed to a peace deal to end their war, which began on February 28. The deal includes the immediate and permanent end to military operations and the reopening of the Strait of Hormuz.
Iran state TV says that Iran has confirmed that the peace deal has been accepted.
Iranian deputy foreign minister Majid Takht-Ravanchi says the immediate and permanent end to the war and military operations on various fronts, including Lebanon, will be announced tonight, local time
"From tonight, the end of the US naval blockage against Iran will begin," the Tasmin news reported, quoting the minister.
Moments ago, US President Donald Trump announced the United States and Iran had agreed to a peace deal.
Here's a look at what he had to say on his Truth social media account:
Stay with us as we bring you the latest.
Good morning and thank you for being with us as we bring you some breaking news.
US President Donald Trump says the United State and Iran have agreed to a peace deal to end their war, which began on February 28.
Trump wrote on Truth Social just moments ago, saying:
"The Deal with the Islamic Republic of Iran is now complete," he wrote.
"Congratulations to all! 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."
"Ships of the World, start your engines. Let the oil flow!"
While all the terms of the deal are yet to be announced, what we do know is the Strait of Hormuz is set to be reopened.
Stay with us as we bring you the latest.
What to Watch
AI outlook — possibilities, not facts
Increased global oil supply and potentially lower prices.
Likely · Short term
Open Questions
- What are the full terms of the deal?
- What specific military operations are ending?

