Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUS and Iranian officials have agreed on a framework to end their conflict, halt the US blockade of Iran, and reopen the Strait of Hormuz. The agreement was announced by US President Donald Trump on Truth Social and confirmed by Pakistani Prime Minister Shehbaz Sharif. A memorandum of understanding is scheduled for official signing on Friday in Switzerland. Mr Trump said that the Strait of Hormuz, a vital shipping route, would reopen on Friday, and ordered an end to the US blockade of Iranian ports. Following the news, global oil prices, including Brent crude and US West Texas Intermediate, fell significantly. In fullIran-US war latest: Trump says ‘let the oil flow’ as he announces peace deal with TehranThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump announces peace deal has been reached with Iran
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleUS and Iranian officials have agreed on a framework to end their conflict, halt the US blockade of Iran, and reopen the Strait of Hormuz. The agreement was announced by US President Donald Trump on Truth Social and confirmed by Pakistani Prime Minister Shehbaz Sharif. A memorandum of understanding is scheduled for official signing on Friday in Switzerland. Mr Trump said that the Strait of Hormuz, a vital shipping route, would reopen on Friday, and ordered an end to the US blockade of Iranian ports. Following the news, global oil prices, including Brent crude and US West Texas Intermediate, fell significantly. In fullIran-US war latest: Trump says ‘let the oil flow’ as he announces peace deal with TehranThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump announces US-Iran peace agreement; Strait of Hormuz reopens Friday, blockade ends, global oil prices decline. Energy cost reduction lowers cloud infrastructure budgets; geopolitical stabilization eases supply chain risk for hardware and chip sourcing.
