Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe United States expects the economically vital Strait of Hormuz to remain open without tolls on a long-term basis (Getty)JD Vance expressed optimism that a crucial agreement to end the war in Iran and reopen the Strait of Hormuz would be unveiled this week. The United States expects the economically vital Strait of Hormuz to remain open without tolls on a long-term basis. This potential deal represents the most significant breakthrough in resolving a conflict that began in February with joint US-Israeli strikes, claiming lives and disrupting energy markets. Full implementation of the pact may depend on an end to hostilities in Lebanon and the deferral of crucial talks on Tehran's nuclear program. Iran's foreign minister and House speaker are scheduled to represent their nation at the signing ceremony in Switzerland this Friday, though the US representative was not disclosed. In fullJD Vance unveils next step in Iran deal the world is already cheeringThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in