Live Updates: U.S.-Iran deal signing gets more ships moving in Strait of Hormuz, but big challenges remain
Major shipowners have started moving vessels through the Strait of Hormuz following a deal between the US and Iran. The International Monetary Fund warns that energy supplies will take time to recover. Hundreds of ships remain waiting as insurers stay on edge.
What changed
New data shows major shipowners are now moving vessels through the waterway and the IMF has issued a warning on economic fallout.
Live updates
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Major Shipowners Resume Transit in Strait of Hormuz After US-Iran Deal
confidence 90%Major shipowners have started moving vessels through the Strait of Hormuz following a deal between the US and Iran. The International Monetary Fund warns that energy supplies will take time to recover. Hundreds of ships remain waiting as insurers stay on edge.
What's confirmed:
- Major shipowners have begun moving vessels through the Strait of Hormuz.
- The US and Iran announced an agreement to reopen the Strait of Hormuz.
Still unconfirmed:
- The International Monetary Fund remains on "high alert" over the Middle East war's fallout on the global economy.
- Hundreds of ships are still waiting to transit the waterway.
- Insurers remain on edge regarding the reopening.
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US and Iran sign agreement to end war and reopen Strait of Hormuz
confidence 90%The United States and Iran signed a memorandum to terminate military operations and reopen the Strait of Hormuz. Cargo ships and oil tankers have started moving through the waterway. Markets responded with rising stocks following the news.
What's confirmed:
- The United States and Iran signed an agreement to end the war.
- The deal includes the immediate reopening of the Strait of Hormuz.
- Oil tankers and cargo ships are resuming travel through the strait.
- The agreement seeks an immediate and permanent termination of military operations in the U.S.-Israeli war with Iran.
Still unconfirmed:
- The initial deal was signed digitally.
- Iran has not confirmed the U.S. assertion that both sides signed the initial deal.
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US and Iran Sign Agreement to End War and Reopen Strait of Hormuz
confidence 90%President Donald Trump and Iranian President Masoud Pezeshkian signed a formal agreement to end the war and reopen the Strait of Hormuz. Tankers have begun transiting the waterway after 111 days of gridlock. However, Israel continues to carry out strikes in Lebanon.
What's confirmed:
- President Donald Trump and Iranian President Masoud Pezeshkian signed a copy of the US-Iran agreement.
- The agreement aims to reopen the Strait of Hormuz and end the war.
- Tankers have started crossing the Strait of Hormuz following the deal.
- Israel continues to conduct strikes in Lebanon despite the US-Iran deal.
Still unconfirmed:
- Kpler reports it is unclear if tanker transits will reach prewar levels.
- US Central Command stated naval ships will remain in the area to ensure the agreement is obeyed.
- The Strait of Hormuz experienced 111 days of gridlock.