US-Iran Peace Deal Reached, Strait of Hormuz Reopens for Trade

Trump Declares Peace Deal Complete

Trump announced on his Truth Social platform the agreement with the Islamic Republic of Iran was now complete and thanked everyone involved for their hard work.

“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!" Trump said.

India Welcomes End of Conflict

India has welcomed the understanding that the US and Iran have reached over stopping the Middle East conflict.

Prime Minister Narendra Modi said, "I welcome the understanding reached between the United States and Iran on ending the conflict in West Asia, which has caused serious economic disruption across the world and led to loss of life in many countries", in a post on social media platform X.

Iran Confirms Ceasefire and Blockade End

Iran’s Supreme National Security Council said that the agreement with the US includes a cessation of fighting on all fronts and an immediate lifting of US naval blockade on Iran's ports.

“Based on the agreements reached, the war and military operations on all fronts, including Lebanon, will end immediately and permanently as of tonight, and in addition, the naval blockade against Iran will end immediately and completely," the statement said.

It added, "Negotiations for a final agreement will be postponed until after the other party has fulfilled its obligations under the Memorandum of Understanding. The Islamic Republic of Iran appreciates the efforts of the Islamic Republic of Pakistan and the Government of Qatar. Peace be upon you, God's mercy and blessing.”

Tehran Expresses Deep Mistrust of US

The Iranian foreign ministry announced that Tehran still harboured "deep mistrust" towards Washington after the framework deal reached between the two to end the war. It further said the US will release Iran's blocked foreign funds and also compensate Iran for damages caused during the war under the deal.

Foreign Ministry spokesman Esmaeil Baghaei said, “Unfortunately, it must be acknowledged that Iran’s deep mistrust of the United States stems from the long history of wrongdoing by American leaders.”

“The release of the frozen Iranian assets as well as the reparations for damages are two essential points. The American side has committed to taking measures in both areas,” he added.