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Turbulence from Day One of the US–Iran Agreement: Iranians won’t go to Geneva because of Lebanon, Vance also cancels trip at the last minute

A White House spokesperson attributed the postponement of the US Vice President’s trip to logistical issues surrounding the meeting

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 Senate approves Eastern Mediterranean Gateway Act – “A vote of confidence,” says Papastavrou

Energy alliance between Greece, Cyprus, Israel and the US strengthened following approval of the Act

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

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