Strait of Hormuz to reopen on Friday under US-Iran deal

US President Donald Trump said a memorandum of understanding to end the war and reopen the Strait of Hormuz has been signed, with a formal signing ceremony by the US and Iran set for Friday in Geneva.

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, on Jun 15, 2026. (File photo: Reuters/Stringer)

United States President Donald Trump said on Monday (Jun 15) that ships were again moving through the Strait of Hormuz and the vital oil route would be "completely open" by Friday, after Washington and Tehran announced a deal to end the Middle East war.

The reopening of one of the world's most important energy chokepoints would mark a major step toward ending months of deadly conflict and economic turmoil triggered by US-Israeli strikes on Iran in late February.

"Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," Trump said, adding later that he did not "think we will need much help" keeping the waterway open.

Iranian media reported on Monday evening that three oil tankers and two cargo ships carrying goods had passed through the area that had been subject to a US naval blockade.

Iran had blockaded the strait since the start of the war, sending oil prices soaring and raising fears of a prolonged inflation shock. The US then blocked shipping to and from Iranian ports.

The US, Iran and mediator Pakistan said the peace agreement was to be signed on Friday in Switzerland.

A senior US administration official, however, said Trump, Vice President JD Vance and Iran's parliamentary speaker Mohammad Bagher Ghalibaf had already signed the text electronically.

"The president wanted to sign it personally because he wanted to show his ... dedication to bring this through to a successful resolution," said the official.

Asked at the G7 in France when the text would be released, Trump said: "It's a very powerful document, and I want it to be released. So probably pretty soon."

Iran's Deputy Foreign Minister Kazem Gharibabadi said the deal brought an "immediate end" to the war, with talks on a "final agreement" to be held within two months.

His country's military hailed the accord as a victory, claiming it had "humiliated" the US and Israel, while President Masoud Pezeshkian called it "a great achievement" for the region.

But Iranian Foreign Minister Abbas Araghchi struck a more cautious note.

"We have a history of broken commitments," he said. "We have a history of agreements being torn up. All of this is present in our minds."