Trump Declares Peace With Iran, Reopening Hormuz: “Let The Oil Flow!” – A Victory for American Strength

Trump further praised his administration for securing the agreement. “This Great Deal will bring Peace and Security to the whole Region,” he said. “Many presidents have tried to make Peace with Iran, and all have failed before me. The Leaders of the Region have, for the first time, found a President who can help them achieve real Peace.” Sharif also thanked the United States and Iran for their “commitment to finding a diplomatic solution to the conflict,” as well as Qatar, Saudi Arabia and Turkey for their contributions to the mediation effort. With the agreement now in place, mediators are expected to facilitate a series of meetings this week that could lay the groundwork for technical negotiations and the official signing ceremony, Sharif said. The peace deal would formally end the high-stakes conflict that began on Feb. 28, which disrupted roughly 20% of global oil shipments that pass through the Strait of Hormuz and contributed to higher energy prices worldwide. It comes roughly one year after Israel initiated massive strikes on Iran during Operation Rising Lion. The strikes sparked a 12-day conflict between the nations before Trump ordered strikes on a trio of nuclear facilities later that same month. Fox News’ Ashley J. DiMella and Reuters contributed to this report.