DUBAI/WASHINGTON - US and Iranian officials said on Sunday they have agreed on a peace framework for a deal to end their war, halt the US blockade of Iran and reopen the Strait of Hormuz, possibly leading to lower energy prices once oil shipments resume through the critical waterway.
"The Deal with the Islamic Republic of Iran is now complete," US President Donald Trump wrote on his Truth Social platform around 5.30pm ET local time in Washington on Sunday (4.30am on Monday Thailand time). His post came shortly after Pakistan Prime Minister Shehbaz Sharif, whose country has served as a mediator, announced a deal had been struck early on Monday local time.
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