A significant agreement to end the war in Iran and reopen the vital Strait of Hormuz is anticipated this week. US Vice President JD Vance expressed optimism for the deal's release. Negotiations are ongoing to finalize details, with expectations that the Strait will remain open without tolls. This breakthrough offers relief to global markets.

President Donald Trump said the Strait of Hormuz would reopen upon the deal’s signing on Friday.

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…