Updated Jun 15, 2026 – 9.56am, first published at 9.52amLondon | US President Donald Trump says the Strait of Hormuz will reopen to shipping toll-free after a deal was finally struck with Iran to put an end to nearly four months of war.Although details were still scarce, Trump said he had authorised the end of the US blockade on Iranian ports as part of the deal with Tehran, declaring oil would begin to flow after months of disrupted supplies sparked a global energy price shock and shortages.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles