EU Chief Antonio Costa Welcomes US-Iran Peace Deal

European Union chief Antonio Costa expressed support for the US-Iran agreement reached on Friday in Switzerland, which aims to end the ongoing Middle East war and reopen the vital Strait of Hormuz. Costa, who is the President of the European Council, noted that the EU is ready to contribute strategically to the peace process.

The deal is expected to restore freedom of navigation in the Strait of Hormuz, a crucial conduit for global oil supplies, and comes as a significant breakthrough after a conflict that has claimed thousands of lives and disrupted energy markets. The agreement includes provisions for the removal of the US naval blockade, allowing ships to resume oil flow.

US President Donald Trump, marking the 80th birthday, authorized the toll-free opening of the Strait of Hormuz and the immediate removal of the blockade, signaling a new phase in US-Iran relations.