United States President Donald Trump declared victory on his 80th birthday, calling for oil to flow through the Strait of Hormuz after the US and Iran announced an interim agreement to end the war in the Middle East.
USSC Associate Professor David Smith spoke with SBS News on this development, saying the peace deal was an "improvement on the current situation," but due to Iran's ability to shut the Strait of Hormuz when threatened, it would be hard to call it a win for the United States.