TRUMP SAYS IRAN DEAL ‘ALL SIGNED’ AS STRAIT OF HORMUZ PARTIALLY REOPENS

TRUMP SAYS IRAN DEAL ‘ALL SIGNED’ AS STRAIT OF HORMUZ PARTIALLY REOPENS

 

President Donald Trump on Monday announced that a landmark agreement between the United States and Iran has been finalized, declaring that the deal is “all signed” and that the strategically important Strait of Hormuz has already been partially reopened to maritime traffic.

Speaking to reporters on the sidelines of the G7 Summit, Trump said the agreement would pave the way for the full reopening of the vital shipping route by the end of the week.

“The deal’s all signed. And the strait is already partially opened. On Friday, it’ll be completely open,” Trump stated.

The development marks a significant breakthrough in efforts to ease tensions in the Middle East following months of heightened security concerns and disruptions to international shipping through the Strait of Hormuz, one of the world’s most critical oil transit chokepoints.

According to U.S. officials, the agreement, described as a memorandum of understanding between Washington and Tehran, was digitally signed on Sunday. Vice President JD Vance confirmed that both parties had completed the signing process ahead of a formal ceremony expected to take place in Geneva later this week.

While details of the accord have not yet been made public, reports indicate that the agreement includes measures to restore navigation through the Strait of Hormuz, reduce military tensions in the region, and establish a framework for renewed negotiations over Iran’s nuclear programme.

Trump said the full text of the agreement would be released following the formal signing ceremony.

The announcement was welcomed by global energy markets, with crude oil prices falling amid expectations that shipping activities through the Strait of Hormuz would gradually return to normal levels.

However, security experts cautioned that a complete restoration of maritime operations could take time. Officials familiar with the situation noted that demining operations and security assessments remain ongoing, meaning full commercial traffic may not resume immediately despite the political agreement.

The Strait of Hormuz is a vital waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea. Roughly one-fifth of the world’s oil supply passes through the narrow channel, making its stability crucial to global energy security.

The agreement is expected to be closely scrutinized by lawmakers, regional allies, and international observers as further details emerge in the coming days.

 

TRUMP SAYS IRAN DEAL ‘ALL SIGNED’ AS STRAIT OF HORMUZ PARTIALLY REOPENS