*United States President Donald Trump affirms the critical Strait of Hormuz is now partially open to vessels, following the US and Iran’s recent deal to end the months-long Middle East war on all fronts
Isola Moses | ConsumerConnect
United States (US) President Donald Trump has said the critical, vital Strait of Hormuz is now partially open to vessels.
ConsumerConnect reports President Trump’s assessment and affirmation of the latest development followed the US and Iran’s latest announcement of a deal to end the months-long Middle-East war on all fronts.
The announcement of the truce sparked some relief across the global works Monday, June 15, 2026, after months of deadly violence and socioeconomic dislocations worldwide.
The US and mediator Pakistan Monday said the agreement was scheduled to be signed Friday in Switzerland.
It was gathered that Saudi Arabia, and other regional powers hailed the deal while ordinary Iranians voiced hope it could restore calm, according to report.
However, while few details of the cease-fire agreement were made public, US President Trump on Sunday, June 14, had said that Hormuz, a key conduit for global oil supplies that Iran has blockaded since the start of the war, would reopen.
The US President reportedly asserted: “The Deal with the Islamic Republic of Iran is now complete.
“Ships of the World, start your engines. Let the oil flow!”
Soon afterwards, Iran’s Deputy Foreign Minister Kazem Gharibabadi said in televised comments that the deal put an “immediate end” to the war, and that they would hold talks within two months to seek a “final agreement.”
Iran’s military hailed the agreement as a victory, claiming that it had “humiliated” the US and Israel in the war that began February 28 with their massive campaign of airstrikes against the Arabian country.
Speaking on the US-iran peace agreement, Israel’s Defence Minister Israel Katz, however, said Israeli forces yet would remain in Lebanon, Syria and Gaza indefinitely.
This is despite the announcement that the American-Iran deal would apply across all fronts, including in Lebanon.
Katz stated: “Prime Minister Benjamin Netanyahu and I are pursuing a clear policy under which the IDF will remain in the security zones in Lebanon, Syria and Gaza for an unlimited period of time, in order to protect the border and Israeli communities from there against jihadist elements.”
Speaking on condition of anonymity, an official source also told AFP that Lebanese authorities had not been informed of details of the agreement.
Though with the terms Unclear, the deal follows weeks of fraught negotiations and periodic threats of fresh hostilities, but its details remain unclear.
Iran’s Mehr news agency reported that the US would release $12 billion in frozen assets to Iran before the start of negotiations.
It quoted a 14-point “memorandum of understanding” between the two nations, which it said stipulated “the release of 24 billion dollars in frozen Iranian assets during the 60‑day negotiation period” that begins after the MoU is signed.
The Trump administration didn’t immediately comment on the details, which may prove contentious as the US presses its effort to end Tehran’s nuclear ambitions and deal with its stockpile of highly enriched uranium — said to have been buried by US strikes last year.
In an interview with the New York Times on Sunday, Trump said the US was still negotiating whether Iran would suspend its enrichment for 20 years.
He hinted that he might settle for a 15-year suspension, but said he did not want to negotiate via the press.
A diplomat told AFP on Monday that the US and Iran are to hold indirect meetings in Doha ahead of the formal signing of the agreement.
UN Sec-Gen. Guterres: It’s a critical step forward
Aside from Iran and the global community, the announcement of the deal sparked relief in the region and beyond, with UN Secretary-General Antonio Guterres calling it a “critical step” toward resolving the war.
“Once the war is over and the sanctions we had are lifted, I think it will be very good and I will be happy,” Nastaran, a 29-year-old software engineer in Tehran told AFP.
Saudi Arabia, which Iran repeatedly targeted during the war, welcomed the deal.
Nastaran noted that a lasting agreement would be one that “takes into consideration the security interests of regional states”.
Egypt also said the deal could be a “turning point” while Pakistan’s Prime Minister Shehbaz Sharif called it a “historic step towards peace”.
The United Kingdom, France, Germany and Italy said they were prepared to lift sanctions imposed on Iran and will work “with the US, Iran and regional partners to seize this moment, maintain momentum and achieve a long-term diplomatic settlement.”
The announcement also brought relief at market opening Monday.
Similarly, oil prices plunged nearly five percent, with West Texas Intermediate approaching $80 a barrel for the first time since early March, agency report said.
US Vice-President JD Vance told Fox New: “What we’re going to be able to do is drive down the cost of energy, not just now but for the long term, and create a real engine of prosperity in the Middle East.”
Meanwhile, Vance has assured stakeholders that he planned to attend the signing of the deal, which was expected to take place in Geneva.