Oil lifeline back? Tehran reopens Strait of Hormuz for 2 weeks as US-Iran agree to 11th-hour truce
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Iran has reopened the Strait of Hormuz for a period of two weeks as part of a temporary ceasefire agreement with the United States. The agreement was reached just before a US deadline to launch military strikes, and includes a halt to Iranian defensive operations if attacks against Iran are halted first.
Iran has reopened the Strait of Hormuz for two weeks. The US and Iran agreed to a temporary ceasefire. The Strait's closure had affected global energy markets and oil prices. Iran's Foreign Minister announced the reopening on social media. The ceasefire includes a halt to Iranian defensive operations if attacks against Iran are halted first. The US had threatened to launch military strikes if the Strait was not reopened.
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