*Trump orders stop to US naval blockade, says ‘let the oil flow’

Having moved from threats to peace in a matter of hours, Trump says markets ‘like the deal’ and the Strait of Hormuz will reopen soon.

Oil prices have surged as shipping in the Strait of Hormuz has been cut off.

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 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…