Trump Declares Iran Deal 'Complete,' Lifts Naval Blockade as Global Stocks Surge
ABC News — Money—President Trump announced a diplomatic breakthrough with Iran, canceling planned strikes and declaring the deal complete on Truth Social. He authorized lifting the naval blockade and reopening the Strait of Hormuz to global shipping. Global stocks rallied and crude oil prices fell on the news, with Wall Street gains spreading worldwide on the prospect of Hormuz reopening and an end to U.S.-Iran hostilities.