‘Let oil flow’ – Trump announces deal with Iran, authorizes Strait of Hormuz opening

United States President Donald Trump on Sunday announced what he described as the completion of a deal with the Islamic Republic of Iran.

The US president said he had authorized the reopening of the Strait of Hormuz and ordered the removal of a U.S. naval blockade in the region.

In a post on X, Trump wrote: “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”

The Strait of Hormuz is one of the world’s most important oil transit routes, linking the Persian Gulf to international markets. Any disruption to shipping through the narrow waterway has historically raised concerns about global energy supplies and oil prices.

However, details of the reported agreement with Iran and the circumstances surrounding the lifting of the naval blockade were not immediately disclosed.