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U.S. Lifts Blockade of Iran as Oil Tankers Began Freely Moving Through the Strait of Hormuz

The agreement extends a ceasefire and waives sanctions, allowing Iran to resume oil sales while both sides enter 60-day negotiations on Tehran's nuclear program.

  • On Thursday, June 18, 2026, the United States lifted its naval blockade of Iranian ports, allowing tankers to resume transit through the Strait of Hormuz after months of disruption.
  • The decision follows a memorandum of understanding signed late Wednesday by President Donald Trump and Iran, which extends a ceasefire and initiates a 60-day negotiating period for broader agreements.
  • Vessels carrying nearly 10 million barrels of oil have navigated the strait, prompting Trump to post on Truth Social that "oil is flowing," while benchmark Brent crude slipped below $80 a barrel.
  • According to an agreement published by Iranian President Masoud Pezeshkian, Iran will arrange commercial passage with "no charge for 60 days only," Vice President JD Vance noting regional countries must establish security frameworks.
  • Sen. Roger Wicker warned that a proposed $300 billion reconstruction fund for Iran "would make Iran's payoff under President Obama's 2015 deal look like a pittance by comparison," even as Iranian Supreme Leader Ayatollah Mojtab Khamenei endorsed negotiations.
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The US has lifted the naval blockade of Iranian ports, the US Military Command for the Middle East (Centcom) confirms. Ending the naval blockade was one of the agreements signed by the US and Iran last night. The declaration of intent states, among other things, that US forces will no longer obstruct ships transiting to and from Iranian ports, and that the Strait of Hormuz must be opened immediately. Earlier today, the first Iranian ships were a…

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hngn.com broke the news on Wednesday, June 17, 2026.
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