The ceasefire and reopening of the Strait of Hormuz eased concerns of escalating conflict, possibly leading to lower oil prices

In a social media post, Trump said the strait would be open "toll free" and that the US naval blockade would also end.

The United States and Iran have reached an agreement to end their war and reopen the Strait of Hormuz, with a formal signing scheduled in Switzerland and oil flows set to resume…

The United States and Iran have agreed on a peace framework aimed at ending the conflict, lifting the U.S. blockade of Iran and reopening the Strait of Hormuz, a key global oil…

World leaders praise the US-Iran peace deal, emphasizing its potential to stabilize energy markets and address nuclear concerns.