Join Nostr
2026-05-29 16:14:03 UTC

cincy on Nostr: does this mean Iran can continue charging for insurance in the Strait? or are they ...

does this mean Iran can continue charging for insurance in the Strait? or are they completely opening it?
Trump says the US naval blockade of the Strait of Hormuz will be lifted and that he is meeting in the Situation Room to "make a final determination" on a potential ceasefire deal with Iran.

His conditions: Iran must open the Strait, clear the mines it laid in the waterway, and allow the US to access and remove Iran's stockpile of enriched uranium.

Sources tell Reuters and Axios that the US and Iran have reached an agreement to extend the ceasefire and lift shipping restrictions through Hormuz, but Trump has not yet formally approved the deal.

An unofficial draft framework reported earlier this week by Iranian state TV included joint Iran-Oman management of Strait traffic, restoration of shipping to pre-war levels within a month, and withdrawal of the US naval blockade.