Former U.S. President Donald Trump announced Saturday that an agreement with Iran is scheduled to be signed Sunday. Trump stated via his Truth Social platform that the Strait of Hormuz will be reopened to all immediately following the signing. Details of the agreement remain undisclosed, but the announcement suggests a potential easing of tensions in the critical waterway. The Iranian Foreign Ministry had previously indicated ongoing discussions. This development follows a period of strained relations between the two countries, particularly concerning Iran’s nuclear program and regional influence. The reopening of the Strait of Hormuz would have significant implications for global oil shipping. Further information is expected after the signing ceremony.