The United States said on June 16 that ships will move toll-free through the Strait of Hormuz under an Iran peace deal signed by President Donald Trump, and insisted Tehran would have to fulfill its commitments before getting any economic benefits.

A possible U.S.-Iran deal framework is reportedly beginning to take shape, but major uncertainty remains over what exactly would happen in the Strait of Hormuz. A senior…

Trump announces that a ceasefire deal with Iran has been agreed, and that the Strait of Hormuz will reopen for shipping.

United States President Donald Trump has announced that a ceasefire deal with Iran has been agreed to and that toll-free shipping through the Strait of Hormuz will now begin.The…