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macroAug 2, 2026, 2:14 AM

Trump Cancels Attack on Iran, Says Deal to Reopen Strait of Hormuz Agreed

President Trump announces the cancellation of a planned US attack on Iran, stating that the outlines of an agreement including the full reopening of the Strait of Hormuz have been reached.

President Trump has announced that he called off a US military strike on Iran, revealing that the two sides have agreed on the "perimeters of a deal."

The agreement, according to Trump, will include a complete reopening of the Strait of Hormuz, a critical chokepoint for global oil shipments that has been a flashpoint in US-Iran tensions.

No further details on the scope or timeline of the deal were immediately provided.

Source: The Kobeissi Letter