Strait Of Hormuz News | Video Shows Ships Moving Through The Strait Of Hormuz Since Reopening

Ships were seen moving through the Strait of Hormuz on Thursday since the U.S. and Iran signed a Memorandum of Understanding to end their conflict. The interim deal will reopen the Strait of Hormuz and bring the two adversaries back to the negotiating table over Tehran’s nuclear program, according to details released by both countries. It will also give Iran an immediate benefit, allowing it to sell its oil freely again. Trump signed a physical copy of the deal Wednesday while dining with French President Emmanuel Macron at the Palace of Versailles. In Tehran, President Masoud Pezeshkian signed the document, according to the state-run IRNA news agency, which posted an image of him holding up the deal with his signature and Trump’s. Under the agreement, the Strait of Hormuz will reopen, and the U.S. will lift its blockade of Iranian ports — both of which should push gas prices down.