“Strait of Hormuz to reopen after agreement is signed, Trump says US President Donald Trump said the Strait of Hormuz will reopen following the formal signing of the memorandum of understanding between Washington and Tehran, clarifying earlier remarks that suggested the waterway would reopen immediately. Trump initially announced on Truth Social that an agreement had been reached with Iran and declared that the strait would be opened, telling global shippers to “let the oil flow”. However, the president later issued a follow-up statement indicating that the reopening would be delayed and would instead coincide with the formal signing of the agreement. That signing is expected to take place on 19 June, according to Shehbaz Sharif, whose government has played a mediating role in the negotiations. The Strait of Hormuz, through which a significant share of the world’s oil exports passes, remains a central element of the emerging agreement between the United States and Iran.
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