U.S. Vice President told CNBC that though Iran’s nuclear programme would need substantial negotiating, there was an understanding between the two countries that the strait would reopen “in a toll-free way for the long term, and that’s the sort of thing that we’re going to figure out in these technical negotiations.” Earlier, President Donald Trump had said that the area was being de-mined and that traffic would return to pre-war levels over the next couple of weeks.

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

Trump signals immediate opening of the geopolitically sensitive strait

US President Donald Trump announced ships are now safely navigating the Strait of Hormuz, following a digital agreement to end a 107-day war with Iran. He stated the waterway…