Agreement was struck despite ⁠an Israeli strike on Lebanon on Sunday that drew criticism from both Iran and Trump

• Middle East crisis – live updates

A peace deal between the US and Iran has been reached following nearly four months of fighting in the region, Donald Trump announced in a post to social media.

In a statement posted to Truth Social Sunday evening, the US president announced the opening of the strait of Hormuz as well as the removal of the US naval blockade. “Ships of the World, start your engines. Let the oil flow!”, said Trump in the celebratory post.