US lifts naval blockade on Strait of Hormuz, easing tensions with Iran. Traffic returns to normal by July 31 at 56.5% YES.

Iran and the US agreed to cease hostilities and lift maritime blockades. Strait of Hormuz traffic returns to normal by July 31 at 54.5% YES.

US may lift the blockade on Iranian ports after signing an MoU. Strait of Hormuz traffic normal by July 31 at 58.5% YES.