Trending

    U.S. and Iran Near Agreement to Reopen Strait of Hormuz

    Section editor: ·Low64 articles covering this·30 news sources·Updated a month ago·MENA
    Share:
    Infographic showing the Strait of Hormuz with shipping routes and oil transit statistics.

    Here's what it means for you.

    The reopening of the Strait of Hormuz could stabilize oil prices and enhance global shipping routes, impacting your business operations.

    What happened

    U.S. and Iranian officials announced that a memorandum of understanding to reopen the Strait of Hormuz is expected to be signed soon.

    The Context

    • Critical chokepoint: The Strait of Hormuz is vital for global oil supplies, with about 20% of the world's oil transiting through it.
    • Economic implications: The deal aims to restore shipping levels and alleviate economic strain caused by the U.S. naval blockade on Iranian ports.
    • Mixed reactions: While the U.S. sees this as a step toward stability, traders remain cautious about operational safety.

    The Number

    118

    — This is the estimated number of tankers that could exit the Persian Gulf within 15 days of the deal's implementation, highlighting the potential for rapid recovery in shipping traffic.

    Takeaway

    If signed, this deal could lead to a significant uptick in maritime activity and oil market stabilization in the coming weeks.

    64 Articles
    BBC News

    Trump may release US-Iran deal before Friday, Vance says

    President Trump has indicated that a new agreement with Iran may be released before Friday, with the U.S. Vice President describing the document as brief and general, suggesting that many specifics will be addressed later.

    Arabian Business

    Trump says US and Iran sign preliminary agreement to extend Gulf ceasefire and reopen Strait of Hormuz

    U.S. President Donald Trump announced that the United States and Iran have signed a preliminary agreement to extend the Gulf ceasefire and reopen the strategically important Strait of Hormuz. This agreement is seen as a significant diplomatic breakth...

    The Hill

    Can the US, Iran cross the finish line?

    President Donald Trump announced a preliminary peace deal with Iran, expected to be signed on June 14, 2026, which aims to prevent Tehran from acquiring nuclear weapons and to reopen the strategically significant Strait of Hormuz for international sh...

    NPR

    U.S. and Iran reach an agreement, but details remain scant

    President Trump announced that the United States and Iran have reached an agreement to prolong a ceasefire and facilitate the reopening of the strategically significant Strait of Hormuz. This deal is expected to be finalized soon, although specific d...

    NPR

    Crude oil is cheaper as markets embrace news of a U.S.-Iran deal

    Crude oil prices have dropped significantly following President Trump's announcement of a framework for a peace deal between the U.S. and Iran, which includes the reopening of the strategically vital Strait of Hormuz. This development has led to a no...

    Al-Monitor

    Trump’s Iran accord offers exit from war — and fresh political risks

    The Trump administration and Iran's leadership have reached an agreement to end hostilities and reopen the strategically significant Strait of Hormuz, a move that has provided relief to global markets. This accord is seen as a pivotal step towards re...

    The Guardian

    Trump declares US-Iran peace deal ‘all signed’ as G7 leaders battle to tie up loose ends

    U.S. President Donald Trump announced that a peace deal with Iran has been finalized, with the strategically important Strait of Hormuz set to reopen for international shipping starting Friday. This declaration comes as G7 leaders convene in Évian-le...

    France 24

    Iran deal allows Tehran to charge maritime service fees on Hormuz Strait transit, ministry days

    A recent peace deal between the United States and Iran, announced by President Donald Trump, allows Tehran to charge maritime service fees for ships transiting the strategically important Strait of Hormuz. This agreement aims to facilitate the moveme...

    France 24 Middle East

    Iran deal allows Tehran to charge maritime service fees on Hormuz Strait transit, ministry days

    A recent peace deal between the United States and Iran, announced by President Donald Trump, allows Tehran to charge maritime service fees for ships transiting the strategically important Strait of Hormuz. This agreement aims to facilitate the moveme...

    Al-Monitor

    US says Hormuz to be toll-free under Iran deal

    The United States announced that ships will transit toll-free through the Strait of Hormuz under a peace deal with Iran, signed by President Donald Trump. This agreement, which includes a potential $300 billion reconstruction fund for Iran, is contin...

    Gulf News

    What did Trump say about US-Iran deal and Strait of Hormuz reopening?

    U.S. President Donald Trump announced a significant peace deal with Iran, expected to be signed on June 14, 2026, which aims to reopen the strategically vital Strait of Hormuz for international shipping. This development follows a period of heightene...

    Gulf News

    What did Trump say about US-Iran deal and Strait of Hormuz reopening?

    U.S. President Donald Trump announced a significant peace deal with Iran, expected to be signed on June 14, 2026, which aims to reopen the strategically vital Strait of Hormuz for international shipping. This development follows a period of heightene...

    The Wall Street Journal

    Trump Says Strait of Hormuz Will Be Fully Open by Friday Under Iran Deal

    U.S. President Donald Trump announced that the Strait of Hormuz will be fully open by Friday as part of a new deal with Iran, with the text of the agreement expected to be released soon. This announcement comes ahead of a G-7 meeting in France, where...

    Fox News

    Trump may have won a strategic pause in Iran. Now comes the hard part

    President Donald Trump announced a memorandum of understanding with Iran aimed at ending the ongoing conflict and reopening the strategically significant Strait of Hormuz. This agreement is expected to be signed soon, with hopes of preventing Iran fr...

    The Guardian

    Will US-Iran peace deal hold? - The Latest

    The United States and Iran have reached a tentative agreement aimed at ending military operations in the Middle East, with an official signing scheduled for June 19, 2026. This deal, confirmed by both U.S. President Donald Trump and Iranian officials...

    The Guardian

    Will US-Iran peace deal hold? – The Latest

    The United States and Iran have reached a tentative agreement aimed at ending military operations in the Middle East, with an official signing scheduled for June 19, 2026. This deal, confirmed by both U.S. President Donald Trump and Iranian officials...

    RT (Russia Today)

    The US tore up the Iran deal. Now it may settle for a weaker one

    The United States and Iran are on the verge of finalizing a peace deal, with a signing expected on June 14, 2026. This agreement aims to reopen the strategically significant Strait of Hormuz and ease sanctions on Iran, which has been under pressure s...

    BBC News

    Bowen: Iran deal ends Trump's war that revealed limit of US dominance

    A peace deal between the United States and Iran has been announced, aiming to end hostilities and reopen the strategically vital Strait of Hormuz, following a period of intense conflict that resulted in significant loss of life. The agreement is expe...

    The Guardian

    US and Iran reach framework peace deal to end war | First Thing

    The United States and Iran have reached a framework peace deal aimed at ending a 15-week conflict, with a formal signing expected soon. This agreement, announced by President Donald Trump and Iranian officials, includes provisions to prevent Iran fro...

    Saudi Gazette

    World leaders welcome Iran-US tentative deal to end war

    World leaders have welcomed a tentative agreement between Iran and the United States aimed at ending their ongoing conflict, which includes provisions to reopen the vital Strait of Hormuz and establish a 60-day ceasefire. US President Donald Trump an...

    NBC News

    US and Iran Reach Framework Deal to End War, Reopen Hormuz

    The United States and Iran have reached a framework agreement to end the ongoing conflict and reopen the strategically significant Strait of Hormuz, as announced by President Donald Trump and Iranian officials. A formal signing of the deal is expecte...

    Fox News

    Iran’s regime spins nuclear and Strait of Hormuz deal with Trump as victory over US, Israel

    President Donald Trump announced a memorandum of understanding (MOU) with Iran aimed at reopening the strategically significant Strait of Hormuz and addressing concerns over Iran's nuclear program. This announcement has been portrayed by Iranian medi...

    NPR

    U.S. and Iran announce an initial deal to end the war and reopen the Strait of Hormuz

    The United States and Iran have announced an initial framework deal aimed at ending their ongoing conflict and reopening the strategically vital Strait of Hormuz. This agreement, confirmed by President Donald Trump and Iranian officials, represents a...

    NPR

    U.S. and Iran announce an initial deal to end the war and reopen the Strait of Hormuz

    The United States and Iran have announced an initial framework deal aimed at ending their ongoing conflict and reopening the strategically vital Strait of Hormuz. This agreement, confirmed by President Donald Trump and Iranian officials, represents a...

    Fortune

    Trump says U.S.-Iran peace deal is done, but hard questions still loom

    President Donald Trump announced that a peace deal with Iran is complete, marking a significant step in U.S.-Iran relations. This development follows extensive negotiations, with Pakistan acting as a mediator, and aims to end military operations and ...

    The Guardian

    US and Iran reach framework peace deal to end war

    A framework peace deal has been reached between the US and Iran, as announced by President Donald Trump and senior Iranian officials, marking a potential end to a 15-week conflict and providing hope for stability in the Middle East and the global eco...

    The Guardian

    US and Iran reach framework peace deal to end war

    A framework peace deal has been reached between the United States and Iran, marking a potential end to a 15-week conflict. This agreement, announced by President Donald Trump and Iranian officials, aims to prevent Iran from acquiring nuclear weapons ...

    BBC News

    Oil prices fall and shares jump after US-Iran deal announced

    Oil prices have fallen significantly and stock markets have surged following the announcement of a peace deal between the United States and Iran, which includes the reopening of the strategically important Strait of Hormuz. President Donald Trump con...

    BBC News

    Oil prices fall and shares jump after US-Iran deal announced

    Oil prices have fallen significantly and stock markets have surged following the announcement of a peace deal between the United States and Iran, which includes the reopening of the strategically important Strait of Hormuz. President Donald Trump con...

    Al Jazeera

    Iran war live: Tehran says ‘peace deal’ ends US blockade, war on all fronts

    A peace deal between the United States and Iran is set to be signed on June 14, 2026, which aims to end hostilities and reopen the strategically vital Strait of Hormuz for international shipping. This agreement follows President Trump's announcement ...

    Al Jazeera

    Iran war live: Tehran says ‘peace deal’ ends US blockade, war on all fronts

    A peace deal between the United States and Iran is set to be signed on June 14, 2026, which aims to end hostilities and reopen the strategically vital Strait of Hormuz for international shipping. This agreement follows President Trump's announcement ...

    Financial Times

    Iran and US agree deal to open Strait of Hormuz and extend ceasefire

    The United States and Iran have reached an agreement to reopen the Strait of Hormuz and extend a ceasefire, with the deal expected to be signed imminently. This agreement marks a significant step in easing tensions between the two nations and ending ...

    ABC News

    A history of Iran's nuclear program and tensions with the US as an interim deal is reached

    The United States and Iran have reached an interim deal aimed at ending their ongoing conflict and reopening the strategically vital Strait of Hormuz. This agreement, announced by President Donald Trump, is seen as a significant diplomatic breakthrou...

    Bloomberg

    US and Iran Reach Deal to Reopen Hormuz

    The United States and Iran have reached an interim agreement to reopen the Strait of Hormuz, effectively halting a war that has resulted in significant loss of life. This agreement sets the stage for 60 days of negotiations regarding Tehran's nuclear...

    Emirates 24|7

    US and Iran reach preliminary deal to end war, signing planned for Friday US and Iran reach preliminary deal to end war, signing planned for Friday

    The United States and Iran have reached a preliminary agreement to end their ongoing conflict, with a formal signing scheduled for Friday in Switzerland. This framework deal includes an immediate halt to military operations and aims to reopen the str...

    The Guardian

    Pakistan PM says signing of agreement – as it happened

    Pakistan's Prime Minister announced that an agreement between the United States and Iran is set to be officially signed in Geneva on June 19, 2026. This follows President Trump's confirmation of the deal, which aims to prevent Iran from acquiring nuc...

    Fox News

    Trump announces peace deal with Iran, declares Strait of Hormuz will reopen: 'Let the oil flow!'

    President Trump has announced a peace deal with Iran, which is set to be signed on June 14, 2026. This agreement aims to prevent Iran from acquiring nuclear weapons and will facilitate the reopening of the strategically important Strait of Hormuz, al...

    Arabian Business

    Trump announces US-Iran peace framework as Strait of Hormuz set to reopen and oil prices fall

    U.S. President Donald Trump announced a significant peace framework with Iran aimed at ending the ongoing conflict, which is expected to lead to the immediate reopening of the strategically vital Strait of Hormuz. This announcement comes as oil price...

    Bloomberg

    US and Iran Agree to Deal Halting War

    The United States and Iran have reached an interim agreement to reopen the Strait of Hormuz, effectively halting a war that has resulted in significant loss of life. This deal is expected to pave the way for further negotiations regarding Iran's nucl...

    Los Angeles Times

    U.S. and Iran reach agreement to end war, Trump says

    President Donald Trump announced that the United States and Iran have reached a peace agreement aimed at ending ongoing conflicts, with a commitment from Tehran to forgo the development of nuclear weapons in exchange for the reopening of the strategi...

    Los Angeles Times

    U.S. and Iran reach agreement to end war, Trump says

    President Donald Trump announced that the United States and Iran have reached a peace agreement aimed at ending ongoing conflicts, with a commitment from Tehran to forgo the development of nuclear weapons in exchange for the reopening of the strategi...

    NBC News

    Trump says U.S.-Iran deal ‘complete’ after months of negotiations

    President Donald Trump announced that a deal between the United States and Iran has been finalized after months of negotiations, which includes the removal of the U.S. naval blockade from the strategically important Strait of Hormuz.

    Saudi Gazette

    US, IRAN REACH DEAL TO END WAR AND REOPEN STRAIT OF HORMUZ

    The United States and Iran have reached a significant agreement to end their ongoing conflict and reopen the strategically vital Strait of Hormuz, with the signing scheduled to take place in Switzerland. This deal, confirmed by US President Donald Tr...

    NPR

    Trump declares victory in Iran talks

    President Trump has declared a significant breakthrough in negotiations with Iran, announcing that a peace deal is expected to be signed on June 14, 2026. This agreement aims to end the ongoing conflict and facilitate the reopening of the strategical...

    Al Jazeera

    US-Iran ‘peace deal’ announced; Trump says Strait of Hormuz reopening

    President Donald Trump announced a ceasefire deal with Iran, stating that the Strait of Hormuz will reopen for shipping. This agreement is expected to be signed on June 14, 2026, and aims to prevent Iran from acquiring nuclear weapons while facilitat...

    Al Jazeera

    US-Iran ‘peace deal’ announced; Trump says Strait of Hormuz reopening

    President Donald Trump announced a ceasefire deal with Iran, stating that the Strait of Hormuz will reopen for shipping. This agreement is expected to be signed on June 14, 2026, and aims to prevent Iran from acquiring nuclear weapons while facilitat...

    رؤيا نيوز

    ترمب: اتفاق السلام مع إيران ينهي فشل الرؤساء السابقين ويعيد تدفق النفط عبر مضيق هرمز

    U.S. President Donald Trump announced a significant peace agreement with Iran, claiming it resolves the failures of previous administrations and facilitates the flow of oil through the Strait of Hormuz. This development marks a pivotal moment in U.S....

    Bloomberg

    Trump Says Hormuz Strait to Open Friday Upon Deal Signing

    President Trump announced that the Strait of Hormuz will reopen on Friday following the signing of a peace deal with Iran, which is expected to end the blockade affecting this critical maritime route. This agreement comes after extensive negotiations...

    NPR

    The U.S. and Iran announce a deal to end the war

    President Trump announced a significant deal between the U.S. and Iran aimed at ending their ongoing conflict, which includes the removal of the blockade of the strategically important Strait of Hormuz. This agreement is expected to be finalized soon...

    Forbes

    Trump Says Iran Peace Deal ‘Complete’—Ends Strait Of Hormuz Blockade

    President Donald Trump announced that a peace deal with Iran is complete, which is expected to end the blockade in the Strait of Hormuz, a critical maritime route for global oil shipments. This development follows extensive negotiations, with Pakista...

    HuffPost

    U.S., Iran Reach Deal To End The War, Reopen Strait Of Hormuz

    The United States and Iran have reached a significant framework agreement to end their ongoing conflict and reopen the strategically vital Strait of Hormuz, as announced by President Donald Trump and Iranian officials. This deal marks a major diploma...

    The Washington Times

    Trump says war-ending deal with Iran reached

    President Trump announced that a peace deal has been reached between the U.S. and Iran, effectively ending over three months of conflict and facilitating the reopening of the strategically important Strait of Hormuz. This agreement was confirmed duri...

    Business Insider (Non-Premium)

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

    President Donald Trump announced that the United States has reached a deal with Iran to reopen the strategically vital Strait of Hormuz, potentially concluding a 15-week conflict that has significantly impacted global oil markets. This development fo...

    Al-Monitor

    US and Iran reach deal, signing expected Friday

    U.S. President Donald Trump announced that a significant peace deal with Iran is expected to be signed on Friday, which will lead to the reopening of the strategically vital Strait of Hormuz. This agreement aims to address ongoing tensions between th...

    The National

    Iran deal complete, Trump says, as he 'authorises' reopening of Strait of Hormuz

    U.S. President Donald Trump announced the completion of a peace deal with Iran, which is expected to lead to the immediate reopening of the strategically important Strait of Hormuz. This announcement follows a period of heightened tensions between th...

    HuffPost

    Tentative Deal Reached To End Iran War And Trump Orders Stop To The U.S. Naval Blockade

    The United States and Iran have reached a tentative agreement to end hostilities and reopen the strategically significant Strait of Hormuz, a vital passage for international shipping. This development follows President Donald Trump's announcement tha...

    New York Post

    Qatari mediators travel to Tehran for final touches on a possible deal to end Iran war

    Qatari mediators have traveled to Tehran to finalize a potential peace deal aimed at ending the ongoing conflict in Iran, with President Trump indicating that the Strait of Hormuz would reopen immediately following the signing. This development comes...

    The National

    US and Iran poised to sign landmark deal Trump says will reopen Hormuz

    U.S. President Donald Trump has announced that a peace deal with Iran is expected to be signed on June 14, 2026, which aims to reopen the strategically significant Strait of Hormuz. This development follows a period of heightened tensions between the...

    Gulf News

    Iran-US deal edges closer as Trump signals Sunday signing and Hormuz reopening

    U.S. President Donald Trump has announced that a peace deal with Iran is expected to be signed on Sunday, which he claims will lead to the immediate reopening of the strategically significant Strait of Hormuz. This announcement comes amid ongoing ten...

    Gulf News

    Iran-US deal edges closer as Trump signals Sunday signing and Hormuz reopening

    U.S. President Donald Trump has announced that a peace deal with Iran is expected to be signed on Sunday, which he claims will lead to the immediate reopening of the strategically significant Strait of Hormuz. This announcement comes amid ongoing ten...

    Investing.com

    Trump says Iran deal to be signed on Sunday, Strait of Hormuz to reopen

    U.S. President Donald Trump announced that a deal with Iran to reopen the Strait of Hormuz is expected to be signed on Sunday, with Pakistan acting as a mediator in the negotiations. This announcement follows a series of discussions aimed at resolvin...

    The Washington Times

    Trump says Iran peace deal to be signed Sunday, but Iran disagrees

    President Trump announced that a peace deal with Iran is set to be signed on Sunday, June 14, which aims to end the ongoing conflict and facilitate the reopening of the strategically significant Strait of Hormuz for international shipping. However, I...

    Financial Times

    Trump says US and Iran will sign deal on Sunday to reopen Strait

    U.S. President Donald Trump announced that a deal with Iran to reopen the Strait of Hormuz is expected to be signed on Sunday, with Pakistan acting as a mediator in the negotiations. This development follows a series of discussions aimed at resolving...

    The National

    Trump says Strait of Hormuz will 'immediately open to all' after US-Iran deal is signed on Sunday

    U.S. President Donald Trump announced that a peace deal with Iran is set to be signed on Sunday, which is expected to lead to the immediate reopening of the strategically significant Strait of Hormuz. This announcement follows a period of heightened ...

    International Business Times

    Donald Trump Says Deal On Sunday As Flicker Of Peace Returns To Middle East

    U.S. President Donald Trump announced via a Truth Social post that a deal regarding the Strait of Hormuz is expected to be finalized on Sunday, signaling a potential easing of tensions in the Middle East. He emphasized that the Strait would be open t...

    The Guardian

    Trump says Iran peace deal could be signed by Sunday, with strait of Hormuz to open shortly after

    President Donald Trump announced that a peace deal with Iran is expected to be signed on June 14, aiming to prevent Tehran from acquiring nuclear weapons and to reopen the strategically significant Strait of Hormuz for international shipping. This an...

    The Guardian

    Trump says Iran peace deal could be signed by Sunday, with strait of Hormuz to open shortly after

    President Donald Trump announced that a peace deal with Iran is expected to be signed on June 14, aiming to prevent Tehran from acquiring nuclear weapons and to reopen the strategically significant Strait of Hormuz for international shipping. This an...

    NBC News

    Trump says deal with Iran is expected to be signed on Sunday

    President Donald Trump announced on Truth Social that a deal between the U.S. and Iran is expected to be signed on June 14, which aims to reopen the strategically significant Strait of Hormuz. This agreement is anticipated to address concerns surroun...

    Al-Monitor

    Trump says Iran deal to be signed on Sunday

    U.S. President Donald Trump announced via social media that a deal with Iran is set to be signed on Sunday, which is expected to lead to the immediate reopening of the strategically significant Strait of Hormuz. This development follows a period of h...

    Global News

    Trump says Iran deal coming Sunday

    U.S. President Donald Trump announced that a deal to end the ongoing conflict with Iran is expected to be signed on Sunday, coinciding with the upcoming G7 summit. This agreement aims to facilitate the reopening of the strategically significant Strai...

    Global News

    Trump says Iran deal coming Sunday

    U.S. President Donald Trump announced that a deal to end the ongoing conflict with Iran is expected to be signed on Sunday, coinciding with the upcoming G7 summit. This agreement aims to facilitate the reopening of the strategically significant Strai...

    Al-Monitor

    Trump says US-Iran deal to be signed Sunday, Hormuz to open afterwards

    U.S. President Donald Trump announced that a deal with Iran to end the ongoing conflict in the Middle East is set to be signed on Sunday, with the strategic Strait of Hormuz expected to reopen immediately afterward. This announcement follows a period...

    NBC News

    Qatari negotiators fly to Tehran in a push to finalize U.S.-Iran deal

    Qatari negotiators have arrived in Tehran to expedite the finalization of a U.S.-Iran deal, which is anticipated to reopen the strategically vital Strait of Hormuz. This push comes amidst escalating tensions following recent Israeli airstrikes on Bei...

    NBC News

    U.S.-Iran deal expected to reopen Strait of Hormuz could be signed within days, both sides say

    A U.S.-Iran deal is anticipated to be finalized within days, as confirmed by President Donald Trump and Iranian officials, with a memorandum of understanding expected to facilitate the reopening of the strategically significant Strait of Hormuz. This...

    France 24

    Iran peace deal looms while new military action flares near Strait of Hormuz

    The United States and Iran have indicated that a peace agreement to end their ongoing conflict is imminent, with both sides reportedly agreeing on a text and expecting to sign an initial deal in the coming days. This development follows President Tru...

    Emirates 24|7

    Iran peace deal looms while new military action flares near Strait of Hormuz Iran peace deal looms while new military action flares near Strait of Hormuz

    The United States and Iran are reportedly close to finalizing a peace agreement aimed at ending their ongoing conflict, with a senior U.S. official indicating that both sides have agreed on a draft text. This development comes amid heightened militar...