WASHINGTON, June 15, 2026 — U.S. President Donald Trump announced that a long-awaited agreement with the Iran has been completed, authorizing the immediate reopening of the strategically vital Strait of Hormuz and the removal of the U.S. naval blockade that has disrupted global energy markets for months.
In a statement posted on social media, Trump declared: “The Deal with the Islamic Republic of Iran is now complete.” He added that he had ordered U.S. naval forces to lift the blockade and allow commercial shipping to resume through one of the world's most important maritime corridors.
“Ships of the World, start your engines. Let the oil flow!” Trump wrote, signaling what could be a major turning point in the months-long confrontation that threatened global oil supplies and heightened tensions across the Middle East.
The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to international waters, handles a significant share of the world's oil and liquefied natural gas shipments. Its closure and subsequent military standoff sent energy prices soaring and raised fears of a broader regional conflict.
Details of the agreement remain limited, but reports indicate the framework includes the reopening of commercial shipping routes, the lifting of the U.S. naval blockade, and commitments related to Iran's nuclear program and sanctions relief. Iranian officials have previously said a draft agreement included temporary oil-sanctions waivers, the release of frozen assets, and a pledge by Tehran not to pursue nuclear weapons.
The deal follows weeks of intense diplomacy involving regional mediators, including Pakistan and Qatar, as negotiators worked to end a conflict that had disrupted global trade and increased security concerns throughout the Gulf region.
While Trump described the agreement as complete, officials in Tehran have at times offered more cautious assessments, emphasizing that technical negotiations and implementation details remain under discussion.
Financial markets and energy traders are expected to closely monitor the reopening of the Strait of Hormuz, with analysts predicting that a sustained restoration of shipping traffic could ease pressure on global oil prices and improve energy supply stability.
The announcement marks the most significant diplomatic breakthrough between Washington and Tehran in years and could reshape the geopolitical landscape of the Middle East if the agreement holds and both sides follow through on their commitments.