Iran said the Strait of Hormuz blockade had eased and a limited number of vessels were being allowed through ahead of the deal signing, Deputy FM Majid Takht-Ravanchi said.
Shipping through the Strait of Hormuz is resuming gradually after Iran said the blockade of the waterway had eased. A limited number of vessels are being allowed to pass ahead of the U.S.-Iran deal signing, Deputy FM Majid Takht-Ravanchi said. The development matters because the strait is a critical global energy chokepoint, and any disruption there can quickly affect oil flows, freight markets and broader risk sentiment. Ship tracking and reports indicated that several vessels were moving through the area.