US officials have announced that President Trump has signed a peace agreement with Iran. Despite this diplomatic development, reports indicate that the Strait of Hormuz has been closed once again. In response to the ongoing volatility, US Vice President JD Vance and Iranian representatives have decided against traveling to Geneva for the time being. The situation remains fluid as both nations navigate the terms of the new deal. International observers are closely monitoring the strategic waterway for further disruptions. Further updates are being provided via a live news ticker.