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US and Iran may open Hormuz free
The United States and Iran have reached a forthcoming agreement to temporarily open the Strait of Hormuz for 60 days without fees, in an effort to renew the ceasefire and halt military escalation between the two sides. The deal includes inspections and facilitation of vessel crossings through the strait. It comes amid pressure from Qatar and Oman, and a delay on the Iranian side, with former President Trump postponing a previously planned military strike against Iran amid ongoing negotiations. It should be noted that the agreement aims to de-escalate tensions and reduce the chances of escalation, with American officials confirming that talks have reached their final stages.
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