Deal is reached to end Iran war, as Trump orders stop to US naval blockade

Manila Bulletin

The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began.  Full details of the deal were not immediately available. The signing will be Friday in Switzerland.  U.S. President Donald Trump confirmed a deal had been reached and said he had authorized an end to the U.S. naval blockade of Iranian ports in the Strait of Hormuz.  READ MORE: https://mb.com.ph/2026/06/15/deal-is-reached-to-end-iran-war-and-trump-orders-stop-to-us-naval-blockade

Transcript

00:00President Donald Trump has announced an initial deal to end the fighting in Iran.

00:04He's declaring, let the oil flow, and he says that the United States will

00:10end the blockade of that country. Iran has a little bit of a different take. They say that

00:16they forced the United States into this agreement, but this is the deal that President Trump has been

00:21sort of promising for several weeks now. It covers the war on all fronts, including Lebanon,

00:27and it essentially is a memorandum understanding that gives each side 60 more days to continue

00:32negotiating. There's still some big issues to be worked out, but the President says it will lead

00:37to the reopening of the Strait of Hormuz, which should lead to some relief in terms of rising oil prices.

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