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Oct 2026
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Congestion in the Strait of Hormuz as US–Iran agreement revives shipping – Oil exports resume (videos)

The first major oil shipments are passing through the Strait again as shipping activity restarts, though shipping and insurance market officials remain cautious despite the increased movement

US releases details of agreement with Iran: Strait of Hormuz reopens, all sanctions lifted

According to the BBC, the agreement includes the immediate termination of military operations, the reopening of the Strait of Hormuz, the lifting of all US sanctions, and the creation of a $300 billion fund for the reconstruction and economic development of the Islamic Republic

Iran Reconstruction Fund: Over $150 billion already committed by private investors

The $300 billion fund included in the draft U.S.-Iran agreement will be established after the agreement is signed—Private companies from the U.S., the Gulf, Asia, and Africa

Trump, Vance & Ghalibaf sign Memorandum of Understanding to end the US–Iran war

The official signing ceremony is scheduled for Friday, possibly in a European country

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