President Trump announced a tentative peace agreement between the United States and Iran, potentially de-escalating tensions in the Persian Gulf. The deal reportedly includes the reopening of the Strait of Hormuz to maritime traffic, a key global oil shipping lane. A 14-point draft of the agreement has been revealed, outlining proposed terms. Details remain limited, but the agreement aims to address concerns over Iran’s nuclear program and regional influence. The announcement follows a period of heightened conflict, including attacks on oil tankers and drone incidents. While the deal is not yet finalized, it represents a significant shift in US-Iran relations and could have major geopolitical implications. Further negotiations are expected to solidify the agreement and address remaining points of contention.