President Donald Trump has announced a deal with Iran, stating via social media that the Strait of Hormuz is now open to shipping without fees. He further declared the end of the U.S. naval blockade against Iran. The announcement signals a potential easing of tensions in the region, which has seen increased maritime security concerns. Trump encouraged global shipping to resume operations, stating, “World ships, start your engines! Let the oil flow!” Details of the agreement remain scarce, and it is unclear what concessions, if any, Iran made in return. The move follows a period of heightened conflict and diplomatic efforts to de-escalate the situation in the Persian Gulf. Further information is expected to be released by the White House.