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