Trump and Iran announce peace deal

U.S. President Donald Trump said Sunday that a peace deal with Iran is "now complete," announcing the Strait of Hormuz is open and the United States will lift its naval blockade.

"The Deal with the Islamic Republic of Iran is now complete. Congratulations to all!," Trump said on his Truth Social network, shortly after mediator Pakistan said both sides had reached an agreement.

"I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!" Trump added.

Iran's state television meanwhile said that "thanks to the strength, steadfastness and resistance of the armed forces and the people, the U.S. has been forced to accept ending the war."

Iran's deputy prime minister meanwhile confirmed that the deal will be signed Friday in Switzerland.

It was a rollercoaster Sunday, with Trump earlier in the day angrily blaming Israel for delaying the signing of the deal with an airstrike on Beirut's southern suburbs, which he said had delayed the agreement.

The last time Israel hit the Beirut suburbs, it sparked one of the strongest jolts yet to a ceasefire that has largely held since April, with Iran firing off a retaliatory missile barrage and Israel responding with strikes.

Tehran has long demanded that any agreement to halt the war must include the parallel conflict in Lebanon, where Israel has been pursuing a campaign against Iran-backed Hezbollah.

The war began in late February, with U.S.-Israeli strikes on Iran, which retaliated with attacks on Israel and U.S. allies in the region, and by virtually blocking ship traffic in the Strait of Hormuz, a vital route for global oil and natural gas supplies. The U.S. retaliated to that by blockading ship traffic to Iranian ports.