US and Iran Announce Tentative Peace Deal; Lawmakers Urge Caution

A tentative peace agreement between the United States and Iran has been announced, according to statements from President Donald Trump and US lawmakers. The deal, which is scheduled to be signed on Friday, is expected to lead to the reopening of the Strait of Hormuz, a critical waterway for global oil shipments.

President Trump said on his Truth Social platform that the strait would not reopen for traffic until the agreement is signed. He wrote: "With the opening of the Strait upon the signing of the Deal on Friday, for purposes of mine removal, oil will flow on both ends again for the Region, and the World!" The conflict had effectively shut down the flow of crucial gas and oil supplies for months, causing a spike in global energy prices.

US Congressman Ryan Zinke said that President Trump wants a deal with Iran, but noted that the US will not provide funding or sanctions relief without clear guarantees and Iranian compliance.

Reactions from lawmakers have been mixed. Some Republican lawmakers welcomed the announcement, but others within Trump's own party voiced concern over the lack of details on what the deal entails. Republican Senator Lindsey Graham, who has taken a hardline stance on Iran, said he would be "watching closely" to see how negotiations develop surrounding Iran's nuclear program. "I am somewhat concerned that Iran's view of the agreement seems different than what the American negotiating team is claiming," Graham wrote on X. "Time will tell," he added.

Democratic lawmakers also expressed scrutiny, particularly regarding the broader conflict and its economic impact. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, criticized the war as "misguided and detrimental" to US interests, but welcomed the Trump administration's "turn toward diplomacy." He said in a statement: "Any final agreement must be durable, enforceable, transparent, and subject to rigorous oversight by Congress. The American people deserve more than vague announcements or political spin."

As the signing date approaches, global markets and international observers will be watching closely to see whether the deal holds and whether the reopening of the Strait of Hormuz proceeds as stated.