US-Iran Peace Deal News Live Updates: Iran announces plans to bring in maritime fees for strait of Hormuz
US-Iran Peace Deal News Live Updates: The United States has lifted its maritime blockade on all vessels entering and leaving Iranian ports and coastal areas following President Donald Trump’s directive, the US Central Command said in a social media post on Thursday. US forces have stopped all blockade enforcement operations and are no longer restricting maritime traffic. However, US naval ships will remain in the region to monitor compliance and ensure the agreement remains in effect, the Central Command added.
Both sides claim victory: Hours after the signing of the Iran-US peace deal, both Washington and Tehran were seen claiming victory over the agreement. While US President Donald Trump slammed critics and pointed at a ‘record high’ stock market to prove his point, his Iranian counterpart Masoud Pezeshkian shared images of the MoU and said it is a “reflection of the voice of a nation that did not trade its dignity and independence for any threat or pressure”.
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Israel to continue southern Lebanon operations: Despite the signing of the Iran-US peace deal, the Israeli Defense Forces (IDF) said it will continue its operations in southern Lebanon. In a post on X, the IDF said its forces are deployed 10 km inside the Lebanese territory. “IDF soldiers will continue to remove threats and strengthen the defense of Israel’s northern residents.”
Iran wants to retain some ballistic missiles: Just hours after signing a peace agreement with Iran, US President Donald Trump said Iran should be allowed to retain some ballistic missiles, arguing that several countries in the region, including Saudi Arabia and Qatar, possess similar weapons. Speaking in France, Trump suggested that ballistic missiles were not the main concern in the ongoing negotiations, stressing that nuclear weapons remained the bigger issue.
Oil markets respond: The reopening of the Strait of Hormuz, through which a share of the world’s oil and gas supplies passes, helped ease fears of disruption in energy markets. Oil prices fell in early trading, with both Brent crude and US West Texas Intermediate declining by more than 1% following the agreement, Al Jazeera reported.
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