Trump announces peace deal with Iran, declares Strait of Hormuz will reopen: 'Let the oil flow!'

President Donald Trump announced a peace agreement with Iran, set to reopen the Strait of Hormuz and end the U.S. naval blockade of Iranian ports. Pakistani Prime Minister Shehbaz Sharif confirmed a signing ceremony will occur in Switzerland, with the deal including the termination of military operations in Lebanon and a 60-day ceasefire period for further negotiations on Iran's nuclear program.