Iran's control of the Strait of Hormuz inflicted global pain during the months-long conflict with the U.S. and Israel. A tentative deal is in place, but questions remain about the key waterway.
In this picture obtained from Iran's ISNA news agency, residents fish from the shore as cargo and commercial vessels lie at anchor in the Strait of Hormuz off Bandar Abbas on June 8.
Amirhossein Khorgooei/ISNA/AFP via Getty Images
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Amirhossein Khorgooei/ISNA/AFP via Getty Images
Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
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The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy.
Even if the strait fully opens then, it will likely take months for the global energy crisis sparked by its closure to ease.
Limited vessel traffic through the Strait of Hormuz persists despite Trump's claims of U.S. military assistance for commercial…
US President Donald Trump welcomed Tehran's announcement but said the US naval blockade would continue until a peace deal was…
Trump says the Strait of Hormuz will fully reopen by Friday after an Iran ceasefire deal ends a months-long blockade of the…
Trump said the strait would be "completely open" by Friday, but key details remain unresolved, including who will manage the…
