Washington and Tehran Reach Initial Deal on Strait of Hormuz Reopening

The United States and Iran have reached a preliminary agreement to reopen the Strait of Hormuz, a critical shipping lane whose status carries major regional and global economic significance. An American official said the two sides had arrived at an initial understanding providing for the strait’s reopening. Donald Trump said negotiations with Iran on a broader agreement have not yet been completed. He added that any possible deal would be good and solid. The statement marks an early step in talks involving one of the world’s most strategically important waterways, through which a large share of Gulf oil shipments passes. No further details were provided on the terms of the preliminary understanding or the timetable for implementing it.