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US and Iran Sign Peace Deal — Trump Says Strait of Hormuz Will Stay Open Permanently
The New York Times·Monday, 15 June 2026
President Trump announced that the US and Iran have reached a deal to end the war, and that he would remove the US blockade of the Strait of Hormuz. Trump described the Strait as 'permanently toll-free' under the new agreement. In a call to the New York Times, Trump also praised Russia's and China's leaders and called Israel's prime minister 'a very difficult guy.'
Why It Matters
The Strait of Hormuz is one of the world's most critical oil shipping routes, and its reopening affects global energy markets and geopolitical stability.
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