Let the oil flow: Trump announces completion of US-Iran peace deal, removes naval blockade on Hormuz
Washington DC, June 15
United States President Donald Trump on Monday announced the completion of the peace deal between the US and Iran, declaring the reopening of the strategically important Strait of Hormuz and the immediate removal of its naval blockade, a move he said would restore the free flow of global energy supplies.
In a post on Truth Social, Trump wrote, "The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorise the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorise the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!"
The announcement came amid growing international efforts to end tensions in West Asia and follows days of intense diplomatic engagement involving Pakistan.
Pakistan Prime Minister Shehbaz Sharif also announced that a peace agreement between the United States and Iran had been reached following extensive negotiations. Shehbaz Sharif said that both sides have also declared permanent termination of military operations in Lebanon.
The deal will be officially signed on June 19 in Switzerland.
In a post on X, Sharif stated, "Following intensive talks, we are pleased to announce that the Peace Deal between the United States of America and the Islamic Republic of Iran has been REACHED. Both sides have declared the immediate and permanent termination of military operations on all fronts, including in Lebanon."
"The official signing ceremony will be on Friday, 19 June in Switzerland. We would like to thank the United States of America and the Islamic Republic of Iran for their commitment to finding a diplomatic solution to the conflict. We would also like to extend our sincere appreciation to our brothers in this mediation effort, the great leadership of the State of Qatar, for their support in reaching this agreement. I would also especially thank the visionary leadership of the Kingdom of Saudi Arabia and the Republic of Turkiye for their immense contributions in this regard," Sharif said.
"With the agreement now in place, mediators will facilitate a series of meetings this week. These pre-implementation discussions will lay the foundation for the technical talks and the official signing ceremony," he further added.
Earlier on Sunday, Trump had indicated that the agreement remained on track despite fresh tensions triggered by Israeli strikes in Beirut and threats of retaliation from Iran.
Speaking to Axios, Trump said the agreement, originally expected to be signed earlier in the day, had been delayed by several hours following the escalation in Lebanon.
"It shook it up. It delayed the signing by a few hours," Trump said, expressing frustration over the timing of the Israeli operation.
According to Axios, the strike in Beirut occurred shortly before the United States and Iran were expected to finalise the agreement. Trump had criticised Israeli Prime Minister Benjamin Netanyahu, saying he was angered by the attack and believed it had complicated ongoing diplomatic efforts.
The US President maintained that the agreement would enhance regional security by preventing Iran from obtaining nuclear weapons and by establishing stronger oversight mechanisms for Tehran's nuclear programme, including inspections and the disposal of nuclear material.
While Trump and Sharif announced that an agreement had been reached, Iranian officials have not yet publicly confirmed the deal.
The deal marks a potential end to the conflict in the region, which began on February 28, with US and Israel strikes killing Iran's erstwhile Supreme Leader Ayatollah Ali Khamenei.
— ANI
Reader Comments
Trump and Pakistan brokering peace? That's quite an unexpected combination! But if it means no more missiles flying over the Gulf and our oil tankers can sail safely, I'm all for it. Just hope Iran actually sticks to its side of the bargain this time. Actions speak louder than words.
Good for global energy markets, but let's be real here—Trump is just trying to claim a diplomatic win before the next election. The real heroes are Qatar and Turkey who did the actual mediation. And Pakistan? They just got a free photo op. 🙄 Our Indian diplomats should have been involved too, given our stakes in the region.
As someone whose family runs a small transport business, this is huge. Diesel prices shot up 15% since the blockade started. Every rupee counts for truck drivers like my uncle. Hope the relief reaches the common man quickly and not just the oil companies' pockets. 🤞
Interesting how Iran hasn't confirmed anything yet. Classic diplomatic maneuvering. But if this deal holds, it's a win for everyone—especially India which heavily relies on Gulf oil. Just hope the nuclear oversight part is actually enforceable. We don't need another volatile situation in our backyard after Afghanistan.
Trump's theatrics aside, this is genuinely good for global peace. The strike that killed Khamenei was a disaster waiting to happen. Now maybe we can focus on real issues like climate change instead of endless wars over oil. But let's see how long this peace lasts with Netanyahu throwing tantrums. 🙏
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