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The New York Sun
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As a Signed Deal Promises Opening the Hormuz Strait, Emboldened Iranians Threaten Closure of Red Sea Traffic

Trump sees the memorandum of understanding he signed Thursday as a panacea to global economic woes.

President Trump talks as he greets France's President Emmanuel Macron and first lady Brigitte Macron at the G7 summit, Monday, June 15, 2026, at Evian-les-Bains, France. Mr. Trump signed a memorandum of understanding on June 17, 2026, sealing a deal with Iran to open the Strait of Hormuz.
President Trump talks as he greets France's President Emmanuel Macron and first lady Brigitte Macron at the G7 summit, Monday, June 15, 2026, at Evian-les-Bains, France. Mr. Trump signed a memorandum of understanding on June 17, 2026, sealing a deal with Iran to open the Strait of Hormuz. AP/Julia Demaree Nikhinson