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Strait of Hormuz opens after US-Iran peace deal

Following a 14-point peace agreement between the US and Iran, the Strait of Hormuz has been opened to shipping. This is expected to provide relief to...

By · · GlobalToday24x7

On Wednesday, US President Donald Trump and Iranian President Masoud Pezeshkian digitally signed a 14-point peace agreement that begins the process of reopening the Strait of Hormuz to commercial vessels and lifting the maritime blockade.

Following the agreement, three large Saudi oil tankers safely traveled through the route on Thursday, a development seen as crucial for global trade and energy supplies.

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