Trump announces US-Iran agreement to fully reopen the Strait of Hormuz by Friday, aiming to restore vital oil shipping lanes and ease global economic pressures.

US President Donald Trump announced a deal with Iran is set to be signed on Sunday. This agreement is expected to immediately reopen the Strait of Hormuz to all traffic. Pakistan,…

Iran has yet to confirm the signing of the deal and the final details

Iran has insisted it will maintain control over the Strait of Hormuz, a key maritime trade route for oil and gas shipments from the Gulf.

Deep divisions in Iran as regime hardliners and protesters reject the emerging deal

In a social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.

Signing ceremony to take place on Friday in Switzerland