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macroJun 14, 2026, 9:32 PM

Trump Says Iran Deal Complete, Authorizes Strait of Hormuz Opening

President Trump announced that the deal with Iran is 'now complete' and authorized the opening of the Strait of Hormuz, stating 'let the oil flow.'

USOIL

President Trump declared that the deal with Iran is "now complete" in a post on social media. He further stated that he is authorizing the "toll free opening of the Strait of Hormuz," adding "let the oil flow."

The announcement signals a potential shift in geopolitical tensions and could have significant implications for global oil markets. The Strait of Hormuz is a critical chokepoint for crude shipments, and its unrestricted operation would allow for increased supply flows from the region.

Source: The Kobeissi Letter