Trump announces peace deal with Iran, declares Strait of Hormuz will reopen: 'Let the oil flow!'

President Donald Trump announced Sunday that the United States and Iran have officially reached a peace agreement, marking a major diplomatic breakthrough that would reopen the Strait of Hormuz and end the U.S.naval blockade of Iranian ports."The Deal with the Islamic Republic of Iran is now complete," Trump wrote in a post on Truth Social."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!"Pakistani Prime Minister Shehbaz Sharif, whose country has served as a mediator, was the first to announce the peace deal, saying a signing ceremony is scheduled to take place Friday in Switzerland.TRUMP SAYS HE'S CANCELED IRAN STRIKES, ADDS POTENTIAL DEAL-SIGNING 'TO BE ANNOUNCED SHORTLY'President Donald Trump speaks in the Oval Office of the White House on June 11, 2026, in Washington, D.C.
(Jim Lo Scalzo/EPA/Bloomberg via Getty Images)Trump added that the Strait of Hormuz will reopen once the parties formally sign the agreement."With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!" he said.IRAN REVEALS 10-POINT PLAN FOR PEACE WITH THE US – HERE'S WHAT'S IN ITPresident Donald Trump looks at Pakistan's Prime Minister Shehbaz Sharif speaking in Egypt in 2025, following the signing of the first phase of the Gaza ceasefire agreement between Israel and Hamas.(Evelyn Hockstein/Reuters)According to Sharif, the deal includes the termination of military operations across the region, including in Lebanon, where Iran-backed terrorist proxy Hezbollah has been engaged in conflict with Israel."Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon," he said.Additional details of the agreement, including any prov...