Trump Says Strait of Hormuz to Reopen Friday Under US-Iran AgreementUnited States President Donald Trump has announced that the strategic Strait of Hormuz will be fully reopened by Friday following a breakthrough agreement between Washington and Tehran aimed at ending months of conflict in the Middle East.
The development signals a major step toward restoring stability to global energy markets after prolonged disruptions to one of the world’s most critical oil transit routes.Speaking on Monday, Trump said commercial shipping had already begun resuming movement through the waterway.
“Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump said. He later added that he did not “think we will need much help” in ensuring that the route remains operational.Iran had blocked access to the strait following the outbreak of hostilities, triggering sharp increases in global oil prices and heightening concerns over inflation and supply chain disruptions.
According to US officials, the agreement, which was facilitated by Pakistan, is expected to be formally signed in Switzerland on Friday. However, a senior administration official disclosed that Trump, Vice President JD Vance and Iran’s parliamentary speaker, Mohammad Bagher Ghalibaf, had already signed the document electronically.
“The president wanted to sign it personally because he wanted to show his… dedication to bring this through to a successful resolution,” the official said.When asked during the G7 summit in France about the release of the agreement’s details, Trump described the document as significant.”It’s a very powerful document, and I want it to be released.
So probably pretty soon,” he said.The reopening of the Strait of Hormuz is expected to ease pressure on international oil markets. The narrow waterway serves as a vital passage for a substantial share of the world’s crude oil exports, making any disruption a source of global economic concern.
While the agreement has been welcomed as a diplomatic breakthrough, analysts say attention will now shift to its implementation and whether both sides adhere to the terms outlined in the deal.The latest development comes after months of escalating tensions and military confrontations that fuelled uncertainty across the region and rattled global financial markets.
