President Donald Trump announced on Sunday that a peace deal with Iran has been finalized. As part of the agreement, the United States will lift its naval blockade. This move ensures that the Strait of Hormuz remains open for maritime traffic. The announcement marks a significant shift in the diplomatic and military tension between the two nations. By removing the blockade, the U.S. aims to stabilize the region's shipping lanes. The deal represents a formal conclusion to the immediate conflict. Further details regarding the long-term terms of the peace agreement are expected.