Key facts
- President Trump claimed a deal was signed to reopen the Strait of Hormuz and prevent Iran from acquiring nuclear weapons.
- Trump stated the Strait of Hormuz would be fully open from Friday.
- Analysts consider Trump's claims premature, as no peace or nuclear deal has been finalized.
- Iran warned of retaliation over Israeli operations in Lebanon.
- Trump stated that the memorandum of understanding on Iran was not final and threatened to resume bombing if Iran did not comply.
U.S. President Donald Trump announced upon arrival at the G7 summit in France that a deal had been signed to reopen the Strait of Hormuz and prevent Iran from acquiring nuclear weapons. He asserted that the Strait of Hormuz would be "completely open" from Friday and that Iran had agreed to this with strong policing measures. Trump also noted a drop in oil prices and a rise in the stock market, attributing these to his administration.
However, analysts have described these claims as optimistic and premature, as no comprehensive peace or nuclear deal with Iran has been finalized. The Strait of Hormuz remains mined, and Iran has warned of retaliation over Israeli operations in Lebanon, which tests the purported accord. Israeli Prime Minister Benjamin Netanyahu has distanced himself from the negotiations and stated Israel would not withdraw from occupied territory in Lebanon.