Trump Announces Framework Deal With Iran to Reopen Hormuz and End War
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Donald Trump announced a U.S.-Iran memorandum to end the war, reopen the Strait of Hormuz, and begin easing the naval blockade. The deal could restore oil flows, but analysts say it will take weeks to clear about 600 trapped ships and the nuclear issue remains unresolved.
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- Trump said the U.S. and Iran reached a memorandum to end the war and reopen Hormuz.
- The strait has been closed since late February, disrupting energy markets and global oil shipments.
- Analysts say about 600 ships are still trapped and normalization could take weeks.
- Iran reportedly agreed not to develop nuclear weapons, while uranium removal talks continue.
- The U.S. will grant temporary sanctions relief, and European leaders welcomed the deal.
President Donald Trump said the United States and Iran have reached a memorandum of understanding to end the war, lift the naval blockade and reopen the Strait of Hormuz. He said the deal will be signed on Friday, after which the strait will reopen, restoring a passage that carried about 20% of global oil shipments before the war. But major questions remain about implementation, especially how long it will take to clear the backlog of ships and what the accord will ultimately mean for Iran’s nuclear program.
Hormuz has been closed since late February, when the Israeli American offensive in Iran began, driving up global energy prices and raising fears of shortages in natural gas and related products. Trump said the strait would reopen on Friday for mine clearance, and that oil would again flow both ways
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