Trump says the US has reached a deal to reopen the Strait of Hormuz

Trump said the United States has reached a deal with Iran to reopen the Strait of Hormuz, the narrow waterway that carries a major share of global oil and liquefied natural gas shipments.

AP reported that the agreement was the product of a broader diplomatic push in which Pakistan played a mediating role, but Iran has not yet publicly confirmed the deal and several terms remain unclear.

The reported breakthrough would mark a major shift in a conflict that has disrupted shipping across the Persian Gulf and raised fears of further attacks on energy routes. It also comes after days of mixed signals about whether a settlement was truly within reach.

How the deal emerged

On Saturday, AP reported that Pakistan said a deal could be finalized within 24 hours, with a signing expected on Sunday and Iranian officials sounding cautious. The reporting pointed to continuing technical talks and a possible electronic signing process.

By Sunday, AP reported that the United States and Iran had reached an agreement to end the war and reopen the Strait of Hormuz. The outlet said a formal signing was expected in Switzerland later in the week.

Trump then publicly said the deal was complete and that the strait would reopen. Business Insider separately reported that Trump posted on Truth Social that the U.S. naval blockade would be lifted.

What AP reported the agreement could include

AP reported that the emerging deal would reopen the Strait of Hormuz and could also include phased sanctions relief and the release of frozen Iranian assets.

The report said the United States would ease its blockade of Iranian ports as the strait reopens and would relax sanctions to allow Iran to sell more oil. Those steps would carry significant implications for Iranian exports and for the wider energy market.

Why the strait matters

The Strait of Hormuz is one of the world’s most important shipping chokepoints. Any reopening would affect global oil prices, liquefied natural gas shipments and the wider flow of energy out of the Persian Gulf.

AP’s background reporting said the war began on February 28 and disrupted oil and gas shipments from the region. A fragile ceasefire has been in place since April 7, but the route has remained a source of market and security risk.

For Iran, the stakes are immediate. A functioning agreement could open the way for more oil sales and a partial easing of pressure from sanctions, depending on how the final terms are written.

Confirmation still missing

The biggest unresolved issue is formal confirmation from Tehran. AP reported that Iranian Foreign Ministry spokesperson Esmail Baghaei said the signing would not happen immediately and that finalizing a memorandum in the coming days was more likely.

That leaves the public claims ahead of the formal paperwork. AP also reported that the timing of the final signing was expected to be Friday in Switzerland, while Business Insider said Pakistan’s Prime Minister Shehbaz Sharif described a June 19 signing plan.

Those differences do not change the overall direction of the reporting, but they do show that the implementation timetable is still fluid.

What to watch next

The next key markers are whether Iran issues a formal confirmation, whether the signing in Switzerland takes place as reported, and how quickly any sanctions relief would be implemented.

It is also unclear whether the first-stage arrangement covers only the strait and the ceasefire, or whether it also reaches into nuclear terms and other regional issues. That matters because any delay, dispute or new military incident could still derail the process.

For now, the reported agreement is the clearest sign yet that the confrontation may be moving toward a wider settlement. But until Tehran confirms the deal and the signing is completed, the announcement remains partly provisional.