U.S. President Donald Trump announced on Monday that commercial shipping has restarted through the Strait of Hormuz, projecting that the vital global energy chokepoint will be completely open by Friday. The announcement follows a major diplomatic breakthrough between Washington and Tehran designed to end the monthslong conflict in West Asia.
The sudden de-escalation marks a pivotal shift since late February, when U.S. and Israeli military strikes on Iran triggered widespread economic instability and sent global energy prices soaring.
”Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz,” Trump stated, expressing confidence that the U.S. would not require significant assistance in maintaining the waterway’s accessibility.
According to Iranian state media, three oil tankers and two cargo vessels have successfully traversed the strategic passage, which had been paralyzed under a U.S. naval blockade.
Tehran had effectively shuttered the strait early in the conflict, sparking severe global inflation anxieties, while the U.S. simultaneously blocked maritime access to Iranian ports.
While the formal signing of the peace accord is slated for Friday in Switzerland, a senior U.S. official confirmed that President Trump, Vice President JD Vance, and Iranian Parliamentary Speaker Mohammad Bagher Ghalibaf have already signed the document electronically.
”The president wanted to sign it personally because he wanted to show his… dedication to bring this through to a successful resolution,” the official noted.
When questioned at the G7 summit in France regarding the document’s specifics, Trump added:
”It’s a very powerful document, and I want it to be released. So probably pretty soon.”
Reaction from Tehran has been a mix of triumph and deep-seated caution. Deputy Foreign Minister Kazem Gharibabadi stated the agreement signals an “immediate end” to active hostilities, with a comprehensive framework expected to materialize over the next two months.
President Masoud Pezeshkian hailed the accord as “a great achievement” for the region, while the Iranian military declared the resolution a strategic triumph that had “humiliated” the United States and Israel.
However, Iranian Foreign Minister Abbas Araghchi maintained a more guarded outlook, pointing to decades of deep distrust between Washington and Tehran.
”We have a history of broken commitments,” Araghchi cautioned. “We have a history of agreements being torn up. All of this is present in our minds.”