Nikkei reports Iran will reopen Hormuz 30 days after a US deal; ceasefire extension by June 7 at 73.5% YES, Hormuz normal by May 31 at 3% YES.

US and Iran are nearing a ceasefire extension and Strait of Hormuz reopening. Traffic returns to normal by end of May at 8.3% YES.

Iran and Pakistan proposed a deal to the US to reopen the Strait of Hormuz. Traffic normal by July 31 at 60% YES.

Iran agrees to remove mines, easing tensions in the Strait of Hormuz. US-Iran agreement by June 7 at 58% YES.