June 13, 2026 16:20

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Trump Declares Sunday Deal with Iran to End Conflict and Reopen Key Waterway

politics, economy, oil

Former President Donald Trump announced on Saturday that he will sign an agreement with Iran on Sunday to end the ongoing conflict and reopen the Strait of Hormuz to international shipping. In a post on his social media platform Truth Social, Trump stated, "The agreement will be signed tomorrow, and immediately after its signing, the Strait of Hormuz will be OPEN FOR ALL." The announcement comes amid heightened tensions in the Middle East, where the strategic waterway has been a flashpoint for global energy markets and military confrontations.

The Strait of Hormuz, a narrow passage between the Persian Gulf and the Gulf of Oman, is critical for the transit of about 20% of the world's oil. Its closure has disrupted global supply chains and contributed to rising fuel prices.

Trump did not provide details on the terms of the agreement, but the declaration signals a potential major shift in regional dynamics. The deal, if finalized, would mark a significant diplomatic achievement for Trump, who has long advocated for a强硬 stance against Iran while also seeking to reduce U.S.

military involvement overseas. International reactions have been mixed, with some allies welcoming the prospect of de-escalation and others expressing caution about the deal's durability.

The announcement has already impacted oil markets, with crude prices dropping in early trading. Analysts warn that the full reopening of the strait could take days or weeks, depending on the implementation of the agreement.

The White House has not yet commented on Trump's statement, as he is not currently in office. However, the former president's influence on foreign policy remains significant among his supporters.

The situation continues to develop, and further details are expected after the signing ceremony on Sunday.

This story was originally reported by telemundo20. Read the original article here.

Summarized by CaliforniaToday AI.

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