Strait of Hormuz Open During U.S.-Iran Ceasefire as Naval Blockade Holds Pending Final Deal

TLDR: Iran’s foreign minister confirmed the Strait of Hormuz is open to all commercial vessels during the ceasefire period. President Trump stated the U.S. naval blockade will remain active until a deal with Iran is fully and completely finalized. The Trump administration is weighing the unfreezing of $20 billion in Iranian assets as part of [...]

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