What happens when the Strait of Hormuz reopens?
The vital Strait of Hormuz shipping lane is expected to reopen on Friday after nearly four months, following the signing of a U.S.-Iran agreement to end the Middle East war.
Oil prices tumbled again yesterday after U.S. President Donald Trump and his Iranian counterpart signed off on the deal.
The accord marks a vital step toward long-term peace between the two nations, offering a reprieve from a conflict that has rattled energy markets and fuelled a fresh spike in inflation.
Here is how the reopening could work and why a return to normal is likely to take time.
