More tankers are transiting the Strait of Hormuz after 111 days of gridlock, but Iran and the U.S. still have much to discuss.

Even if the strait fully opens then, it will likely take months for the global energy crisis sparked by its closure to ease.

Commercial vessels stuck in the Strait of Hormuz have started moving as President Trump confirmed a peace deal with Tehran, set to be signed on June 19.

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…

The White House said the deal is in effect, according to reports.