Trump declares US-Iran deal 'complete'; Hormuz to reopen, naval blockade to lift, frozen funds to be released
President Trump announced on June 14 that the agreement with Iran is 'now complete,' ending hostilities and reopening the Strait of Hormuz. Per the reported terms, Iran reopens Hormuz while the US lifts its naval blockade and releases roughly $25bn in frozen assets, imposing no new sanctions pending a final deal; Iran reaffirms it will not build nuclear weapons. A formal signing is slated for Switzerland later in the week.
Read the 3 perspectives
Preliminary deal ends active war and reopens a critical global oil chokepoint, but full nuclear terms remain unsettled.
Reuters/AP-line reporting frames the announcement as a war-ending preliminary agreement: Hormuz reopening alongside a lifted US blockade, about $25bn released, oil-sanction waivers and an Iranian non-nuclear pledge, with a final accord still to be negotiated.
Deal ends the blockade but is fragile; Lebanon escalation could derail it and a final nuclear accord is unfinished.
RFE/RL frames Trump's 'now complete' claim around the end of the oil blockade and Hormuz reopening while stressing the deal's preliminary nature and the risk from the parallel Israel-Hezbollah escalation.
Chinese state media presents the deal as vindicating diplomacy, emphasizing Hormuz reopening for global shipping.
People's Daily reported Trump's claim the deal 'is now complete,' the strait reopening on signing and Iran's non-nuclear commitment, framing reopening as restoring global energy flows consistent with Beijing's interest in keeping Hormuz open.