U.S. Vice President JD Vance said Washington had reached an understanding with Iran that the U.S. would lift its blockade if Tehran stopped attacking ships. However, he warned that any further attacks on maritime vessels would be met with a forceful response, saying the United States would “punch back harder than ever before” if Iran targeted ships again.

US VP says blockade on Iran may lift if ship attacks stop. Strait of Hormuz traffic normal by August 31 at 18.5% YES.

US offers to lift naval blockade if Iran stops vessel attacks. Reconstruction funding in a US-Iran deal by 2026 at 30% YES.