Trump Says Iran Deal Reached; Strait of Hormuz Reopened and U.S. Naval Blockade Lifted

U.S. President Donald Trump said an agreement with Iran has been finalized, and that the Strait of Hormuz has been reopened to international shipping. He also said the U.S. naval blockade has been lifted, a development that could ease market concerns about potential disruptions to global oil supplies along one of the world's most critical energy transit routes.