Trump Announces US-Iran Peace Deal; Strait of Hormuz to Reopen Friday

Executive Briefing

• Declares deal complete on Truth Social, authorizing immediate removal of the US naval blockade on Iranian ports
• Strait of Hormuz, carrying 20% of world's oil, set to reopen Friday at formal signing ceremony in Switzerland
• Agreement includes Iran destroying highly enriched uranium, pledging no nuclear weapons, and halting funding of terrorist groups
• Launches 60-day negotiating period to finalize Iran's nuclear program details and determine scope of sanctions relief
• Israel's strikes on Hezbollah near Beirut nearly derailed the deal, prompting Trump to confront Netanyahu directly
• Pakistan and Qatar served as key mediators after direct US-Iran negotiations repeatedly stalled over months