Middle East crisis live: Tehran says it will charge ships in strait of Hormuz after 60 days; US-Iran presidents sign peace deal

Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening

U.S. and Iran agreed to reopen the Strait of Hormuz with 60 toll-free days; Iran then monetizes navigation/safety charges. Hundreds of stranded vessels resume, but energy normalization could take quarters—extending supply-chain cost uncertainty and operational impact.