Washington and Tehran agree to halt strikes and resume navigation. Unrestricted shipping through Hormuz by June 30 at 1.1% YES; traffic normal by July 31 at 41.

Strait of Hormuz traffic rises significantly after US-Iran ceasefire agreement. Traffic returns to normal by June at 10.7% YES.

US and Iran establish a military hotline and plan de-mining in the Strait of Hormuz. Traffic normal by July 31 at 47.5% YES.