US President Donald Trump said on Sunday that the memorandum of understanding reached with Iran would ensure the Strait of Hormuz remains "permanently toll-free," and warned that Washington would resume military strikes on Tehran if a final nuclear accord was not concluded, according to an interview with The New York Times.
Trump announced the deal on Truth Social, saying "The Deal with the Islamic Republic of Iran is now complete," and authorised the "toll free opening of the Strait of Hormuz" and the "immediate removal of the United States Naval blockade."