U.S. President Donald Trump says the United States and Iran have reached a peace deal that is “now complete,” announced in a social media post. Multiple outlets report that the agreement aims to end fighting and reopen the Strait of Hormuz, a key shipping route for global oil flows. Trump says the strait will be opened “toll free,” and that the U.S. will end its naval blockade tied to the maritime route. Pakistan’s government is also reported to be involved in relaying the announcement, with Islamabad stating that the two sides have reached an agreement to end the war.
Several sources add that the formal signing is set for Friday in Switzerland. They also note that full details of the deal are not immediately available and that it is not yet clear how quickly the strait would reopen to all traffic. One outlet also references that the U.S. previously indicated it would ease elements of its blockade of Iranian ports as the strait reopens, alongside steps related to sanctions, but the extent and timing of those measures under the new agreement remains unclear.
