Trump Says Deal Reached With Iran, Has Authorized End of US Naval Blockade

President Donald Trump on Sunday said that the U.S. and Iran have reached a peace deal and he has ordered the removal of the U.S. naval blockade at the Strait of Hormuz. The details of the peace deal are not publicly available for now. I hereby fully authorize the toll-free opening of the Strait of Hormuz and simultaneously herewith authorize the immediate removal of the United States naval blockade. Ships of the world, start your engines, let the oil flow, he wrote in a social media post. Earlier Sunday, Iran's President Massoud Pesashgian said that the National Security Council approved plans for negotiations with the U.S. They met in the Supreme National Security Council and with an overwhelming majority approved it decisively. They are now discussing how to proceed. Whatever the leader decides, all of us, the IRGC, the Basij and the government will obey and follow, he said. Trump and mediator Pakistan said on Saturday they expected the deal would be signed on Sunday. The United States would agree to release $25 billion of frozen Iranian assets, while Iran would agree not to produce or acquire nuclear weapons. Under the terms of the draft deal, Reuters reported, citing a senior Iranian official.