President Donald Trump announced Monday that the Strait of Hormuz will be fully reopened by Friday following a peace agreement with Iran [1].
The move is expected to stabilize global energy markets by ending a naval blockade of one of the world's most strategic waterways. The agreement reduces immediate military tensions in the region, and establishes a diplomatic bridge for future negotiations regarding Iran's nuclear program [3, 5].
Speaking alongside French President Emmanuel Macron at the G7 summit in France, Trump said the agreement with Iran is now complete [2]. The deal consists of a memorandum of understanding between the U.S. and Iran, which serves as the foundation for ending the current conflict [3, 6].
"The United States and Iran have reached a deal to end the war and reopen the Strait of Hormuz," Trump said [5].
The reopening of the waterway is scheduled for Friday, June 21, 2026 [3]. This strategic corridor, located between Oman and Iran, is essential for the transit of oil and gas [4, 6].
Trump said the Strait of Hormuz will be fully reopened by Friday [1]. The framework deal is intended to transition the two nations from active naval confrontation toward formal nuclear talks [3].
This diplomatic breakthrough occurred during the G7 summit, where world leaders gathered to discuss international security and economic stability [1, 6].
“"The Strait of Hormuz will be fully reopened by Friday."”
The reopening of the Strait of Hormuz removes a primary volatility trigger for global oil prices. By utilizing a memorandum of understanding to end the blockade, the U.S. and Iran have created a temporary security window that allows both nations to pivot toward the more complex issue of nuclear proliferation without the immediate threat of naval warfare.
