Agreement set to end US naval blockade and establish 60-day window to dismantle Iran’s nuclear programme.

Landmark US-Iran peace deal nears completion amid drone clashes, nuclear curbs, sanctions relief talks and a push to reopen the vital Strait of Hormuz.

Oil prices have surged as shipping in the Strait of Hormuz has been cut off.

Trump said “The Deal with the Islamic Republic of Iran is now complete” in the announcement on Truth Social. “Congratulations to all!”

US president says Strait of Hormuz will reopen and US blockade will end