Trump says Iran peace deal would reopen Strait of Hormuz
President Donald Trump announced that a memorandum of understanding is largely negotiated to end the three-month-old war and reopen the vital shipping passage. The proposed phased framework includes lifting the U.S. blockade on Iranian ports and beginning negotiations on nuclear enrichment programs.
The United States and Iran have largely negotiated a memorandum of understanding to reopen the Strait of Hormuz, President Donald Trump said on Saturday. The emerging agreement aims to end a three-month-old conflict that has triggered a global energy crisis. Restoring access to this strategic waterway is critical for stabilizing global oil markets and reducing inflationary pressures.
### Phased Framework for Regional Stability The proposed agreement establishes a three-stage framework to end the war launched by the U.S. and Israel in February. According to media reports in both nations, the deal involves reopening the Strait of Hormuz soon and lifting the U.S. blockade on Iranian ports. The U.S. would also issue sanctions waivers on Iranian oil sales in exchange for nuclear concessions.
