President Donald Trump announced a deal to end hostilities between the US and Iran, promising to open the Strait of Hormuz to commercial shipping and lift a naval blockade.

• President Trump hailed the agreement as a "great deal" that would bring "peace and security to the whole region."
• Key details on Iran's nuclear program restrictions and uranium stockpile remain scarce, with further negotiations expected.
• Energy market experts warned that oil flow through the strait might not immediately return to pre-war levels, and Israel's actions pose another wildcard to the deal's stability.