The United States has lifted its naval blockade on Iran as a newly signed US–Iran agreement begins to take effect, marking a major shift in relations between the two nations.
The deal, which reportedly contains 14 key provisions, includes the reopening of the Strait of Hormuz, one of the world’s most critical shipping routes for global oil trade.
US President Donald Trump welcomed the agreement, writing on social media that “OIL IS FLOWING, IRAN CAN NEVER HAVE A NUCLEAR WEAPON.” He also said he expects a wider ceasefire “on all fronts,” including tensions involving Israel and Hezbollah in Lebanon.
Vice-President JD Vance said Iran would not receive any financial benefits unless it fully complies with the conditions outlined in the agreement, emphasising strict enforcement.
On the Iranian side, Supreme Leader Mojtaba Khamenei said he initially opposed the deal but ultimately allowed it to proceed, accusing Trump of acting “out of desperation.” Iranian President Masoud Pezeshkian defended the agreement, saying Iran “did not trade its dignity” and praised the country’s diplomatic efforts.
Under the agreement, a 60-day negotiation period will now begin to work toward a “final deal.” However, reports indicate that a formal signing ceremony planned for Switzerland has been cancelled, leaving the next steps uncertain.
Iran’s security authorities have also announced new rules for the Strait of Hormuz, requiring ships to coordinate passage through a newly established oversight authority, while temporarily suspending tolls for 60 days under the agreement.
The deal marks a significant geopolitical development, though analysts warn that key details and enforcement mechanisms remain unclear as negotiations continue.