President Donald Trump announced Sunday that the United States and Iran have reached an agreement, which he stated will lead to the opening of the critical Strait of Hormuz and a resumption of global oil flow. The announcement came via a post on Trump's social media platform, signaling a potential de-escalation in regional tensions.

Trump declared that he had "fully authorized the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade." He urged "Ships of the World, start your engines. Let the oil flow!" he added, indicating a significant shift in maritime and economic policy.

Iranian Deputy Foreign Minister Kazem Gharibabadi confirmed that the deal had been finalized and is set to be signed in Switzerland on Friday. Gharibabadi stated that "All of our positions and important issues are included in the draft," suggesting that Iran views the agreement as favorable to its interests.

The implications of this deal are substantial, particularly for global energy markets, which have been affected by the ongoing tensions and the blockade of the Strait of Hormuz, a vital chokepoint for oil transportation. The opening of the strait is directly linked to mine removal efforts, according to Trump's statements.

This development follows a period of heightened conflict, including major joint U.S.-Israeli strikes against Iran announced on February 28. Initial U.S.-Iran talks in Pakistan in April reportedly failed to secure a peace deal, leading to an open-ended extension of a U.S. blockade until negotiations concluded.

Adding to the regional developments, the Israeli military announced on Sunday that it had killed a senior Hezbollah commander, identified as Ali Musa Daqduq, in a precise strike in southern Lebanon on Friday. Israeli military officials described Daqduq as a key operative responsible for terrorist activities against Israeli civilians, IDF soldiers, and American service members.

The IDF alleged that Daqduq played a central role in advancing terrorist attacks and combat operations against Israel and its soldiers in recent years. His elimination is considered by the IDF to be a significant blow to Hezbollah's command structure.

Lebanon has continued to experience strikes amid hopes for the U.S.-Iran deal. The confirmation of the deal and the impending signing ceremony in Switzerland mark a significant diplomatic moment, with the world watching to see if this agreement brings lasting peace and stability to the region.