Trump announces US‑Iran agreement to be signed Sunday, Hormuz Strait to reopen

President Donald Trump stated a deal with Iran will be signed on Sunday. The agreement aims to resolve longstanding tensions between the two nations. Trump added that the Hormuz Strait will be opened after the signing. The Hormuz Strait is a key maritime route for global oil shipments. Reopening the strait could ease shipping disruptions in the region. Officials expect the deal to be formally ratified following the ceremony. Critics have warned about the terms of the agreement. International markets will watch for the impact of the announcement.