US and Iran reach deal to end war, Trump says Strait of Hormuz to open on Friday
- Posted on June 14, 2026
- By Business News Today
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- 1 min read
US and Iran reach deal to end war, Trump says Strait of Hormuz to open on Friday
The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil shipping route. U.S. President Donald Trump said the deal is complete, while Pakistan Prime Minister Shehbaz Sharif said it will be formally signed in Switzerland on Friday.
